Can it hold?
If it breaks the trendline, we’re looking at the $540 area for support.
Something to keep in mind: It is way too early but there’s a chance it could form a head-and-shoulders pattern.
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I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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.