Selling continues but at this point rebound could happen and need watch long term rally as the selling weakens an uptrend ticking higher yet closed south.
activities past 3 years in a mixed but higher low and higher highs did happen. There another stops set above new high which is critical area since its at the historical high anything can happen like a sudden shorts step in when challenging extreme highs could wipe out gains of past rally breaking 8400, not suggesting anytime soon. Since we are at highs now, being aware unless sellers closed off their shorts, adding position from 8770 is possible, two other position was added recently. Sellers stops at current high. Once price cross 9200, will watch and wait on the side before deciding to take sides.
New high 9300
recent high 9100
current price 8833
activities past 3 years in a mixed but higher low and higher highs did happen. There another stops set above new high which is critical area since its at the historical high anything can happen like a sudden shorts step in when challenging extreme highs could wipe out gains of past rally breaking 8400, not suggesting anytime soon. Since we are at highs now, being aware unless sellers closed off their shorts, adding position from 8770 is possible, two other position was added recently. Sellers stops at current high. Once price cross 9200, will watch and wait on the side before deciding to take sides.
New high 9300
recent high 9100
current price 8833