TNDM getting ready for another leg up

May 21, 2020

TNDM is poised here to break up. Can see it flagging here, but I'd really only trade this once it creates a new local high, and love to really see a daily close up there (~92). A nice bounce off the daily yellow 21 ema, and then a close above the daily purple 10 ema. RSI crossing above the ema, stochs bouncing off the neutral zone and holding in bullish control. I've been long since 72, but there is another nice entry coming up. If I was more aggressive, I might take it on the breakout from the flag, but I think caution in this volatile market is prudent. Target is ~115, which is the 382 from ultimate high to low. Also the edge of the next big volume block. For the 92 trade, I'll be using this local low of ~80 as the stop (could change if we continue to flag out more and set in a bit of lower local low).

May 29, 2020

Note

This has continued to flag out a bit more. Flashed down to test bottom support and then was immediately bought up. Still looking good to take on breakout.

Jun 17, 2020

Note

Quickly approaching breakout zone. I'm a buyer above blue box here, especially if we get a close up there.