Reaching End of Bullish Pennant
Fuel the jet, MAs spooling inside pattern, condensing tighter as it closes, major move to upside probable, but first...
- Meeting resistance at intersection of upcycle Fib 0.236 and upper trend line ($280.9) which may result in rollover and retest of lower trend line or bounce off $240 where upcycle 0.382 and downcycle 0.236 run together.
Whether breakout now or breakout soon; breakout. Uptrend should hit new ATH before reversing.
- Meeting resistance at intersection of upcycle Fib 0.236 and upper trend line ($280.9) which may result in rollover and retest of lower trend line or bounce off $240 where upcycle 0.382 and downcycle 0.236 run together.
Whether breakout now or breakout soon; breakout. Uptrend should hit new ATH before reversing.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.