Pictures speak volumes. In this case, it’s pretty apparent that technical indicators are converging: downward sloping trend line with multiple hits, multi gap up days, prior high acting as resistance…. Consolidate for a bit and then pull back a fair bit.
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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.