Downtrend Broken.
Golden cross on Moving averages (50 crosses above the 200).
Broken above dead cat bounce Fibonacci level 0.382.
Targets
-$38.78 Gap fill open
-$39.98 0.5 Fibonacci retracement
-$41.73 Gap fill close
-$45.29 Major resistance at Fibonacci Golden pocket
Note
Weekly indicators bullish , MACD cross above zero would be a huge short cover signalDisclaimer
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.
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.