Last post: May 14th. See chart.
Review: Price was pulling back to round number 110 resistance.
Update: Price continued to pullback and is now trading above the round number 110.
Conclusion: Require current resistance zone and the daily 50SMA to hold strong and for the bears to take back control.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
Sublime Trading
Review: Price was pulling back to round number 110 resistance.
Update: Price continued to pullback and is now trading above the round number 110.
Conclusion: Require current resistance zone and the daily 50SMA to hold strong and for the bears to take back control.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
Sublime Trading
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Join Our Private Community
bit.ly/join-ST-community
Plus Get Our Ultimate Stock Market Blueprint.
bit.ly/join-ST-community
Plus Get Our Ultimate Stock Market Blueprint.
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.