5 Ways to know where it is going...
1) 61.8 Fib retracement level around 170
2) Resistance (which will become support around 170
3) Early November gap to be filled around 170
4) Unsustainable exhaustion pop (78 degree angle since early November)
5) Overbought, above the megaphone line
Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade safely and stay safe!
2) Resistance (which will become support around 170
3) Early November gap to be filled around 170
4) Unsustainable exhaustion pop (78 degree angle since early November)
5) Overbought, above the megaphone line
Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade safely and stay safe!
Comment:
$213 to $212.50 is a great short entry point today for a swing trade on this. It wants/needs to correct...