$176.13 is a strong resistance to overcome. It may take couple weeks more to be strengthened and break out. It seems right shoulder missing head and shoulders,inverted pattern. Watch for RSI trendline as well. If you find my charts useful, please leave me a "like" thx
Some numbers presented here on the timeline. Near term, the first trend completion doesn't look to be in range though it is first up on the timeline. One path considered likely sees consolidation around $7500-7600 with a continuation of the uptrend from there.
Despite the binary expectations of analysts (if HC wins long, if DT wins short) we saw an amazing rebound followed by a green day. Apart from the unexpected price action, the MACD is also giving a buy signal. The 200DMA and 50DMA haven't crossed over, and thus I don't think this is the top. I would not be suprised if the price were to reach previous ATH or even...