Testing top trend line (orange triangle)
Needs to hold above $52.32 (Yellow Horizontal line) and break out of orange triangle to test Purple longer term trend line that goes back to May 5th peak.
Support at blue horizontal line and then at the bottom of the orange triangle.
Needs to hold above $52.32 (Yellow Horizontal line) and break out of orange triangle to test Purple longer term trend line that goes back to May 5th peak.
Support at blue horizontal line and then at the bottom of the orange triangle.
Comment:
Looks like we will be testing the bottom of the orange triangle.