Yet another good looking cup and handle formation. Currently oversold at 23 RSI, sitting right below the 50-day moving average and in a good spot to start the upswing any day now after finishing up consolidation period, low volume so the bull can take place and run it up. Probably a good time to buy in couple of days once it breaks the resistance at 2900. Should be seeing some gains the next few weeks.
Happy trading!
Happy trading!
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