Courtesy of Chris Kimble
Some assets trade sideways for an extended period of time, then experience important and highly profitable breakouts?
If the trading range is “20-Years” in length, would a breakout of an extended trading range become important? What about a big-time opportunity?
This year I am celebrating my 40th year in the financial services business. Rarely have I come across an asset that has remained inside of a trading range for a couple of decades!
Members are keeping a close eye on this asset and the opportunities it will present, should a 20-year breakout take place!
If a breakout fails to take place and 5-year steep rising support breaks, would that present an opportunity as well? Yes!!!
To become a member of Kimble Charting Solutions, click here.
