Scenario 1) Over the last 3 months, looks like a continuation wedge (bearish) chart has formed, outlined in blue. If breaks below the bottom trend line, could descend down to the support level at $132, and then start consolidating.
Scenario 2) Although, over the course of the last week, looks like a symmetrical continuation triangle (bullish) has formed, outline...
If we can maintain above the Support level (Red Line) at $203 by the end of this week, I predict we see a nice climb into the $225-$235 range over the next 2 weeks.
