Sideways consolidation happened after the breakout two weeks ago
This formation suggesting that the buying interest is still strong above the US$20.00 level.
We may expect short term breakout above US$20.75.
Target: US$22.00-US$24.00
Support: US$19.63.
We may expect short term breakout above US$20.75.
Target: US$22.00-US$24.00
Support: US$19.63.
Note
Price experienced a breakout, soon it will be under traders' radar.
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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.
Disclaimer
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.