After breaking through resistance, its taking a bit of a break. However, finally got the the 20DMA to break above the 50DMA and also starting to form a mini bull flag on the daily. For now, the WVAP will be watched for support at $124 as it bounced nicely off that today. Any break below the WVAP and/or falling wedge line would invalidate the setup. Would love to see the next leg up test previous S/R flip area around 135/137.
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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.