The chart is beautiful, and there is little resistance overhead.
I’ve already added one new swing trade to the portfolio today and I like my positions and long exposure where they current are. As a result, I don’t want to add any new long positions to my portfolio right now.
Tomorrow, if the market holds up, I’ll be looking to add another 1-2 positions and as it stands right now, Palo Alto Networks (PANW) is at the top of my list with that beautiful ascending triangle that it is current sporting. Once it breaks out, there is a good chance that it will see $190 rather quickly.
For now I am watching, tomorrow, I may very well be buying.
