Upward channel from November - strong support and resistance
We are not yet breaking out... as an upward channel in play since November continues to provide both support and resistance.
RSI is flashing red so it's TBD whether we consolidate here and then build the right shoulder of a head and shoulders pattern, retesting the lower trend line.
Bottom line, 'Just say no to FOMO!'
DYOR Not Financial advise, chart for fun and profits.
RSI is flashing red so it's TBD whether we consolidate here and then build the right shoulder of a head and shoulders pattern, retesting the lower trend line.
Bottom line, 'Just say no to FOMO!'
DYOR Not Financial advise, chart for fun and profits.
Comment:
Of course, dubious speculation but if we break out above 45700, we would want to see a pop to 47850k and a retest at 46k.