Look for a bounce on support in the 40-41 range off vwaps, MAs, 2.236, and/or trend line.
A rejection at the sellers vwap around 43.5 seems likely. If so, could we eventually see 36.5 - the top of the 3 month channel. From there, it’s anybody’s guess.
A rejection at the sellers vwap around 43.5 seems likely. If so, could we eventually see 36.5 - the top of the 3 month channel. From there, it’s anybody’s guess.
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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.