HP_ I’ve since posted BITA on the front page as an official setup (thanks!). Although I set a price alert for a break above that downtrend line, which very well could prove to be the catalyst for a rally & I might take a starter position there personally, I believe the higher probability, albeit slightly less favorable entry (price-wise) would be to wait for that horizontal resistance zone that lies just above the downtrend line to be taken out. That will be the official entry & where I would likely add-on or take my initial position if I don’t already have one at the time.

Not crazy about either of the lack of follow-thru following the 5-minute chart bull flag b/o nor the low volume (which I mentioned in the video update today) but the reason for taking the trade based off the daily chart & still intact & I’m already in the trade so I’ll stick with it until stopped out or my profit target(s) is hit. Again, not the follow-thru I was hoping for so far but nothing to make me want to muck my hand yet either (a poker term for folding or throwing away your cards which is a metaphor I’ll often use to when closing a trade early).

BITA wo you wait for a breakout on entry if you were going to go long it?

Thanks Randy, stock needs to take out 29-30 then it’s off to the races!

HP- BITA is my kind of chart. Lots of moving parts but in a good way. I’ll either post it here or on the front page (tagging you so you’ll get a notification) in a bit.