Trader's Logbook

After few days of waiting for the large green candlestick for EW (Is it time EW?) its finally here. Is this a goodbye to the Symmetrical Triangle and hello new highs? Relatively very big volume today as it close at the high of the day.

Our price action ended with a White Closing Marubozu which could mean a new chapter for EW after the consolidation. Resistance at 32.90 – 32.95 zone while our slope (upper) will act as our support together with 31.85.  Let us see what tomorrow brings for this stock.

Caveat!