The down ward moving channel has good support at $ 2,970 and the stochastic is positive. Besides it feels a bit oversold, and buying in to weakness is the preferred strategy.
BUY current $ 3,100-3,150 for a move to $ 3,650 for now. Stop-loss below $ 2,950.
BUY current $ 3,100-3,150 for a move to $ 3,650 for now. Stop-loss below $ 2,950.
Note
took propfot at $ 3,375 and will re-access the situation.
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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.