Potential Cup and Handle Formation.
Cup has formed. Currently in handle with more downside potential to 200EMA.
Once we bounce off the 200EMA and then see what happens if we break out of the handle.
Cup has formed. Currently in handle with more downside potential to 200EMA.
Once we bounce off the 200EMA and then see what happens if we break out of the handle.
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Currently testing resistance line looking for a breakout.