yieahhh
Back after getting crushed last 2 months, but hey at least we are having fun 'they say'.
Interesting set of patterns. long term uptrend. Looking at a dip to 563 over next month hopefully.
Bunch of confluences there:
1. High volume at 560 (there's a volume gap right below 585 which would make this a quick move down.
2. Mid point of the long term parallel channel.
3. 61% fib of entire move down.
You would expect next long term target to be the upper test of the channel, 620s. Let's see how this move down, if we have any goes. Yieahhhh
Back after getting crushed last 2 months, but hey at least we are having fun 'they say'.
Interesting set of patterns. long term uptrend. Looking at a dip to 563 over next month hopefully.
Bunch of confluences there:
1. High volume at 560 (there's a volume gap right below 585 which would make this a quick move down.
2. Mid point of the long term parallel channel.
3. 61% fib of entire move down.
You would expect next long term target to be the upper test of the channel, 620s. Let's see how this move down, if we have any goes. Yieahhhh
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