Short term Down to 40.9, then a move up
So we look to have a higher low formed at 43.78 and its moving in a channel up.
Have we hit a high for now and are now moving back down the channel to our first target of the solid Green line at 40.91.
If the first target hit but breaks we can then see a further move down to 38.08
So what I expect to see a a pull back to about 40.91 and the a continue of our move up, taking into account the Inverse Head and Shoulders I posted a few days ago.
I think if we hold this area I will be buying in for a long term move up.
Wolf(Noob)
Have we hit a high for now and are now moving back down the channel to our first target of the solid Green line at 40.91.
If the first target hit but breaks we can then see a further move down to 38.08
So what I expect to see a a pull back to about 40.91 and the a continue of our move up, taking into account the Inverse Head and Shoulders I posted a few days ago.
I think if we hold this area I will be buying in for a long term move up.
Wolf(Noob)