Volume is good, MACD looking bullish, ADL climbing and it looks like a trend reversal is close by.
BEWARE: I'm not close to being an expert at this stuff. So go and take a look yourself and make up your own mind!
BEWARE: I'm not close to being an expert at this stuff. So go and take a look yourself and make up your own mind!
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It broke resistance at 72.55$
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I forgot to add: MA 9, MA 20, MA 50 coming close to eachother
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YEP THE TREND HAS REVERSED, BROKE THROUGH SO MANY CANDLES!
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Last small resistance 74$. Let's hope it climbs over that too.
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BROKE 74$
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NEXT RESISTANCE IS AT 75.50$, EITHER IT GAPS UP TOMORROW, OR IT GETS REJECTED AND NEEDS SOME TIME TO CONSOLIDATE.
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We are close to reaching the gap, I expect an rejection, not enough volume to justify the jump
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Rejection at 75.70$. Now it's correcting, let's see if it tries another push before close.
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Potential breakout:
