Important cross-roads, 200ems on daily + close to retesting the top of the channel if this area holds i might add to my position.
a dip to around $440 area (Green box) while maintaining the uptrend (blue trendline) would be a good BTFD opportunity market is bullish till next rate desision.. buying dips after breaking of strucktuer has been working like a charm. I saw phantom prints to $445-446 -> price might magnate to those levels. NFA
Bullish senario is we broke-out a falling wedge and retested already.. A move above last week high could confirm this. Flow has been bullish for this week (07/07) and nest week 14/07. MACD & TTM squeeze looks ready for another run. momentume has been buliding
Although flow has been bullish on this name i can't ignore this bearish senario we could have retested and rejected the neckline ... possibility of breakdown and filling below gap is high. some news about google and pivase e has been circliting and that could push it down. I don't know.. PRICE ACTION is king so let's focus on that
Weekly H&S Currently re-testin the neck-line doubtful it will break through to the upside. I wouldn't short tho.. just my observation