Just an observation and not a recommendation.
On weekly some kind of C&H and on daily symmetrical triangle.
Keep it in my watch list.
On weekly some kind of C&H and on daily symmetrical triangle.
Keep it in my watch list.
Kommentera:
Looks like it turning negative with whole market and it forming descending triangle with support at $41.30 area. If it breaks - possible short to $37.67, than $32.59.
Kommentera:
After getting back to consolidation area, still possible long if breaks upper resistance in $50 area.
Kommentera:
Continue consolidation forming flag pattern. Possible directions on the pic below.
Kommentera:
If will not hold $34,90 than next stop at $32-31 area.
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