Cup & handle playing out. Handle turned into a bullish pennant with an inverse h&s at the apex.
Breakout has occurred and has barely passed the ATH before bouncing off of resistance, and is now supported by the 0.786 Fib level.
The h&s 1.618 Fib is at $92.
The cup & handle and bullish pennant both have a 1.618 Fib at $97.6
Target is $97 with profit taking at $92
NFA
Breakout has occurred and has barely passed the ATH before bouncing off of resistance, and is now supported by the 0.786 Fib level.
The h&s 1.618 Fib is at $92.
The cup & handle and bullish pennant both have a 1.618 Fib at $97.6
Target is $97 with profit taking at $92
NFA