The fakeout above the key-level resistance of 232.00 is now considered to have been a false breakout. Our analysis suggests that a full fledged downside reversal is highly likely at this point. We're establishing a new bearish campaign on a medium-term scale, targeting the significant key-level support at $138.25. Stay tuned...
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.