T - Healthy Consolidation

By eKgDZ
Identified levels for T and found that there is some healthy consolidation at current levels. As of 2/15 we are consolidating on a support at 38.12 and have support from a trend line build from the start of the move up. I took the previous trend and figured it into the current trend to create a wedge that could be a good guide to price action going forward. Will review later and see how this worked out. Depending on market performance, anticipating potential move to 39.66 area at end of February.

White = Monthly Levels
Purple = Weekly Levels
Red = Daily Levels

Trend AnalysisWedge

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