Now that a proper correction was been made, price has made a strong rebound off this major zone of support, as the 200 Moving Average and the bottom ascending channel both have indicated. There is a good chance that price will surge upwards from here, continuing the long-term uptrend. My price target is 120's area by summer.
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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.