on 2hr chart you see last time it tested bottom of bollinger bands over the course of 5 days....then it took 8 days to recover. this time around it took 6 days to fall to lower band. now it will consolidate and come back and my estimate is that it would be there by 2 july. ofcourse this is news machine....which can alter everything.
Comment:
few more things to note....rsi is at at ATL...so more fuel for upside...stoch rsi seems like wanting to go up now as well. 143.21 is fib support and next is at 124.48 on....
Comment:
rsi and stoch rsi all pointing up now on daily chart.....this is headed up and I have target of 192 by 3 July