Who will do the honors?
target for now 70!
another break of a downward trend, and the 50 week ma distancing from the 200. will this rocket even come down before ATH?
As we can see a crossover of the 50 week with the 200 week results in the trend following at the shown box, in a descending channel and the moving averages likely to repeat this move! trying to find a low buying spot, because honestly it looks like theyll be pretty scarce!
Expecting a correction within this rising channel, with a closeby fiblevel and old resistancelevel nearby, rsi at the top aswell
Perfectly testing this upper triangle region, if it keeps tradiing sideways well break the upperhand of it, looking bullish!