Looking at the weekly chart, it appears we are hitting resistance at the 23.6% retracement level. RSI is flat and MACD isn't showing strong momentum, so for now, I am waiting for the pull back.
If this fails to break, we will look to retest support around $45 before this thing is ready to retest ATH near $62.
Will wait for confirmation higher/lower before entering JAN 2019 long call position
If this fails to break, we will look to retest support around $45 before this thing is ready to retest ATH near $62.
Will wait for confirmation higher/lower before entering JAN 2019 long call position
註釋
It looks like the "crash" in semis last week pulled this past the retest point. Will keep an eye on this, but could be a broken trade at this point. See how next week plays out.
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