Lower highs on the hourly needs to break for the bulls to regain momentum.
$50 a must hold on this consolidation or the bulls will have lost control of the short term action.
Key Resistance $52.69 for the lower highs to break.
Watch for a volume spike to indicate the break of the tightening range as well.
$50 a must hold on this consolidation or the bulls will have lost control of the short term action.
Key Resistance $52.69 for the lower highs to break.
Watch for a volume spike to indicate the break of the tightening range as well.
Checkout our full trading resources online www.chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social