May drag out further than shown above, but looks like we're gearing up to break through all-time high (top two yellow lines and area in between). Monthly + Local support is green rectangle, Local resistance is red one.
This was our 2nd major move up after double-bottoming on the all-time chart, we should expect a third and it should be one of the larger of the moves. A break below monthly support invalidates this idea.
This was our 2nd major move up after double-bottoming on the all-time chart, we should expect a third and it should be one of the larger of the moves. A break below monthly support invalidates this idea.
Note
Update - if we break up from our bull flag, it might look something like this:Note
Very strong break-out
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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.