See chart
Note
Praise Lord, it goes the way we wanted....Note
you can see gap at 524 to 533 is now closed. it has to break above 560 resistance to go higher else it might retrace again.Note
we can see that this consolidation has been ongoing for more than 3 months and it might continue for a while more before we see the next upmove.Note
The 500 price zone serves as a strong support as evidenced in the previous historical pattern. I expect price to continue higher this week. Congrats to those who followed.Note
cnbc.com/2020/10/12/chinas-smaller-cities-spend-the-most-on-video-games-nationally-report.htmlthose who added when it comes back down the support zone is handsomely rewarded.
Note
Praise the Lord. We are attempting the 5th time to break out of 564.50 price level and if it succeeds, we can see the price going higher. Those who bought at support level of 500 will be very happy.....
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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.