Quote from NoDoji:
The low on your chart is just above 26.60, then the next higher low is a few pennies above that. If you draw a trend line connecting the bottoms of those two lows it should lead you to the next low that will be tested, which in this case is just below 26.80. So your target exit price would be 26.80.
Trend line chart is attached.
(If it broke down thru that trend line low, it would likely have tanked rather than rallied.)
