I see a clean inverse head and shoulders forming here, with price pressing against resistance and volume firming up. MACD is curling bullish, RSI recovering, and price is above the cloud. I’m buying here and collecting the dividend while I wait. Break above $58 could trigger a strong move toward R1 ($61) and possibly R2 ($65). Let’s see if O explodes like it wants to.
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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.