Looking back, we are just above the historical resistance level ~$94 dollars that rejected
PG on several occasions.
I'd keep an eye on this through the close and into opening next week. If today's highs mark the end of the most recent rally, I'd expect a pull back to the $91 range, and potentially down to $88.50.
I'd be surprised to see this continue to rip, given where it's been, as low as $71 back in April. I don't see it going back to those levels, but a retest of $86 would be better for the long term health.
I'd keep an eye on this through the close and into opening next week. If today's highs mark the end of the most recent rally, I'd expect a pull back to the $91 range, and potentially down to $88.50.
I'd be surprised to see this continue to rip, given where it's been, as low as $71 back in April. I don't see it going back to those levels, but a retest of $86 would be better for the long term health.
Nota
The $94 break out has failed, going short here with short-term put contractsDagangan aktif
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.
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.