literally a year ago on Feb 2024 I posted a beautiful chart that we nailed precisely.
Coincidence we meet again one year later? I hope yieahhhh
Strong confluences 1. 50% fib retracement 2. mid line on the parallel channel dating to stone age 3. RSI on weekly at 50 4. RSI on daily closed right at 30
Gamma exposure is heavy into the negative side - reason of the big selloffs vs other names that buy the dips - making this risky but I will stop right there, I only know how to draw lines.
IMO if this support doesn't hold, we might see 246 uff.
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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.