Money...I Smell Money
This is a very nice setup. Inverse H&S, holding at previous support, about to break a trendline it's been trading under. I have a resistance zone estimated between 47-48.50. If buyers step in and it begins to show signs of a breakout closest target is over $51. Also a positive news catalyst. A lot to like about this going into next week.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.