The width is about the same as it was int he previous channel when it broke resistance and turned it into support. Watch for $936 to relong with stop losses set generously low at $820.
There may be some oscillation sideways at the $928 level before moving up to $1,000 by the end of the week.
There may be some oscillation sideways at the $928 level before moving up to $1,000 by the end of the week.
Note
Moving within the new channel nicely. Failed to break above it. A minor correction may be in store down to the $930 level before resuming the bull run.
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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.