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JO ETN bouncing breaking out of wedge right on support

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JO is breaking out of small bullish falling wedge. It was objective to enter the trade as it was falling onto pretty good support at $35.25ish. Looking for follow though green candle tomorrow. $38.80 would be next stop and hopefully to take out top of trading range at $40.70. As you see, JO trades to the technicals pretty well. So, I hope it will be a good trade.
Nota
Hitting first target this morning and has been a reaction.

Up so far despite of down day on all major indexes.

That's the power of being truly diversified.

T.
TK0421
Chart PatternsCoffeecommoditycommoditytradingcommodity_tradingsetupETNTechnical IndicatorslongsetupTrend Analysis

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Chart PatternsCoffeecommoditycommoditytradingcommodity_tradingsetupETNTechnical IndicatorslongsetupTrend Analysis
TK0421

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.