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Traders,
SAND is in prime position to move even higher than it already has these past few weeks. I haven't entered this trade yet but may soon pending these occurrences:
I want to see a move above the 200 day ma with confirmation
I want to see a break above the red descending TL
I want to see a move above the Ichimoku cloud
What we have:
A breakout of the triangle in Logarithmic View. Click the "Log" text in the bottom left corner of the chart to see this view.
What I don't like:
RSI nearing oversold
Let me know in the comments if/when you decide to enter this trade.
Stew
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