Could be a flip and hold but more on the long side as no levels until 5899.. 4hr showing 1400 as hard resistance for now closes over should get over 2000 easily.. moving on no volume.. Pre pump happening?
Hey guys,
We just hit the upper residence (yellow line) for the trend XWC had been forming over the past few weeks. Right now we are almost at the lower support (the orange line) of the 'channel' the trend has been forming. I'm thinking we'll hit the upper resistance once more, see a drop back down, and then hit the top of the over arching trend which has been...
There are over-bought signals that comes from MACD and RSI at the same time. Death-cross may happen on MACD in next candles. Fib .618 level is my first target.
