Lower highs on the hourly needs to break for the bulls to regain momentum. $50 a must hold on this consolidation or the bulls will have lost control of the short term action. Key Resistance $52.69 for the lower highs to break. Watch for a volume spike to indicate the break of the tightening range as well.
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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.