Chart shows what looks like cup and handle broken. Looks like a flag there above handle. Would be great to see the test holds and hopefully up from here. rsi bounced around 50 on 1 hour and just under 60 on 4 hour. this is continuation of last post.
What i see here is this huge cup and handle. I think a few things make this next breakout probable. The rsi has bounced of 50 on the 4 hr after crossing it and maintaining above it for the first time since the market reversal we have been experiencing, which tells me there is support there. The adx is also bouncing of 25, and i believe there is a MACD bullish...
