The down ward moving channel has good support at $ 2,970 and the stochastic is positive. Besides it feels a bit oversold, and buying in to weakness is the preferred strategy.
BUY current $ 3,100-3,150 for a move to $ 3,650 for now. Stop-loss below $ 2,950.
BUY current $ 3,100-3,150 for a move to $ 3,650 for now. Stop-loss below $ 2,950.
Comment:
took propfot at $ 3,375 and will re-access the situation.