Update: overreaction to old news by retailers and short covering, market makers selling at this level.
Update: One more day in trading the markets. It can potentially go up a bit more, but it is over extended a this time, areas of retest shown this chart below.
Always use a stop losses for protection in you trades and don't trade based on news that institutions had access first
Trade closed: stop reached
Update. Strong at this point potential for uptrend continuation
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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.