https://www.tradingview.com/x/lSg8MmQX/
1 M
On a long term chart we note that
1 W
In the shorter term on a weekly chart we observe that
The 470-495$ is a great liquidity zone that will allow it to perform a new bullish wave with a first target at 580$ (target of the broken triangle) and a second target at new all-time highs.
https://www.tradingview.com/x/CJ73WdvN/
1 D
The company's third quarter results have led to a large bullish gap with a large volume (the second largest of the year), this translates a great strength as demonstrated by the verticality of the rise. It is logical that in the coming days there could be a correction as prices hit the medium-term downtrend line. It will be a healthy and necessary correction to develop a new momentum that will allow it to definitively leave the 61.8% Fibonacci level.
Pablo G.
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