Looks like we could breakout soon; ascending triangle resistance extended from 4k to 4100 as it appears we're still within pattern cycle.
Expecting some resistance at 4200 but based on price consolidation over the past few days we may push straight to 4400. Highlighted zone indicates potential EOY high.
4k still main support imo but signs are mostly bullish. Weekly chart implies that we may be in the green for the next 2 weeks.
Expecting some resistance at 4200 but based on price consolidation over the past few days we may push straight to 4400. Highlighted zone indicates potential EOY high.
4k still main support imo but signs are mostly bullish. Weekly chart implies that we may be in the green for the next 2 weeks.
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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.