The pink is my thesis. 2nd leg as long as the first. Price target could happen within 2 months. The white lines are key levels one can enter on for longs and shorts. Since it is overbought one can expect some pullbacks on the way up, specifically the $140 area. I'm bullish above $120. Will consider repositioning for the short term if this level is compromised.
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.