My Idea from earlier this month seemed to be a lil bit prophetic lol. The price basically followed my line which is kinda funny.
Lets hope I can keep my prophecy going here. :D
What I kind of hope to see would be the formation of a head and shoulder pattern, that will then head down prolly to 145-140 region.
I think this formation seems very uhh likely and honestly it would be pretty healthy if it flows in that direction.
IMO I think we are gonna see 130-140 area into next quarter earnings, so if it does form a shoulder here then its very reasonable to expect it to go in that direction.
Im assuming the peak of the shoulder will be here around the white circle.
I could be wrong, and in that case it might just continue with Bear Market Rally pt.2
But honestly that seems so unlikely, too much selling pressure.