LTC: Consolidating before moving up?

We've officially broken out of the longer term triangle we've been in since September. Still too early to tell for sure yet, but as of now things are looking good -- we've retested the top slope of the triangle 6 different times in the last hour and held fine for the most part. Definitely promising. The more times we do this, the more we consolidate it into a strong support and get ready for a break out.

So where do we go from here?


Support 1: $63.30 (weak)
Support 2: ~$62.90 (top of triangle, will keep heading lower)
Support 3: $62.46

Resistance 1: $63.90 (weak)
Resistance 2: $64.15 (very weak, may be unreliable)
Resistance 3: $65 (medium)
Resistance 4: $65.50 (strong)

Personally I'm holding long term. Day traders may wish to set stop purchases at $64.50 and $66. Stop loss should be at $62 for the next two days, with a possible adjustment afterward.