The top of the channel is around $41, I will be writing weekly call contracts ATM once we reach $41. FURTHER upside potential if we break out above, we will easily see $44. Downside is capped at $37, I expect price action to bounce between $37-$38 before going higher.
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.