longer term prediction
So, we broke the 50ma on the daily. The cloud is now acting as support. My prediction, is we go sideways onto the cloud, break through and run towards the 200 ma on the daily. If you set up bollinger bands the weekly must retest close to the ma. I am bearish right now, but we will see where we end up.
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.