Potential Longs.
1. Go long after it closes above 80 at week level
2. Keep stops at the structural levels
3. Check for fundamentals as it seems to break 11 years of consolidation ( Why the narrative for the rally ?? )
4. Very Weak selling pressure at its long term monthly resistance - why is it the case ??
5. Does the industry has sound fundamentals to go longs long term ??
1. Go long after it closes above 80 at week level
2. Keep stops at the structural levels
3. Check for fundamentals as it seems to break 11 years of consolidation ( Why the narrative for the rally ?? )
4. Very Weak selling pressure at its long term monthly resistance - why is it the case ??
5. Does the industry has sound fundamentals to go longs long term ??