Consolidation broken
Price dropped below consolidation channel
Probably will continue to drop because a gap is waiting to be filled
I think price will touch sma200 again and then a strong up move can happen
Probably will continue to drop because a gap is waiting to be filled
I think price will touch sma200 again and then a strong up move can happen
Note
Gap filled completely
Price touched weekly sma50 and started to recover
Note
Price reached first recovery point, 740$ must hold
A drop below will bring price down to fill next GAP (-10%)
Note
715$ support holds today
Breaking below can enable a double top pattern
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