What drove this bounce? Shorts? Bulls waiting at support? If you bought the dip, then congrats.
Today, I would like to see it regain the hourly MA21 for continuation. Alternatively, a retest of the lows at the .618 of the bounce. A typical wave 2 target.
Potential upside target zone $39 - $51. First confluence at $39.
Today, I would like to see it regain the hourly MA21 for continuation. Alternatively, a retest of the lows at the .618 of the bounce. A typical wave 2 target.
Potential upside target zone $39 - $51. First confluence at $39.
🅱🄰🆁🅺🆆🄾🆁🆃🅷
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🅱🄰🆁🅺🆆🄾🆁🆃🅷
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.