It is sitting on a support area right now and I think there’s a lot of buyers sitting in 205-208 area. But if market is weak we will see this dump to 200 area.
If market is ready for a rally once again after taking a breather, we could potentially see this break the resistance over 221 and create demand there for investors who missed the boat.
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.