So, a few days ago I posted this chart. Apparently, we are back in the range. Let's see how it goes.
GU has also been trading in its own downward range. Looking to see what it does next while believing it might be a fakeout (that strong bullish candle though).
Are we looking at a breakout of the range since 2016? Seriously it's been struggling to make a move above the range. Maybe the fundamentals would provide the needed push to the upside.
We've been in this range since late 2016... Are we breaking tongue upside? I guess NFP would be a determining factor. We'll see. This by the way is a monthly chart.
We'll just have to wait and see. Just spotted and thought I should let y'all know. NFP might be a determinant.
Since 2017, we have been in this range. Is it time for us to break out? This is on the monthly by the way. Time will tell.
This channel has held so far. Some fakeouts at the bottom but it's all good.
I posted an earlier version of this some weeks ago and I find this channel interesting and still holds.
Looks to me that it would go down one more time before going up, especially if it respects the channel.