based on elliot waves, I can see a rejection of the 182.5-180 range, to retest the previous level of .236 fib level, and possible form a handle. However, the handle formation could be deeper and could go as low as the .50 fib level
Note
Note
observing this cup and handle pattern, lets see if we can take out premarket highs Note
Note
the 1hr time frame is showing an ascending triangle to 178.10 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.