EW on potential breakout

East West Banking Corporation

EW is on a potential breakout from a Bullish Pennant pattern with measured price target around 26~26.85.

See previous analysis for reference to Pennant pattern prior to breakout:
https://psetrends.blogspot.com/2017/05/ew-price-action-analysis.html

Trading Plan
- Buy the breakout.
- Set stop loss on breakdown from recent swing low.


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