Last post: May 2nd. See chart.
Review: A possible breakout and a close above the resistance zone around the round number 12.0000 was on the horizon.
Update: Price failed to breakout and, instead, pulled back to the daily 50SMA.
Conclusion: Price is now showing strength again. A breakout above is still required.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
Sublime Trading
Review: A possible breakout and a close above the resistance zone around the round number 12.0000 was on the horizon.
Update: Price failed to breakout and, instead, pulled back to the daily 50SMA.
Conclusion: Price is now showing strength again. A breakout above is still required.
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.