I followed the sideway uptrend moving channel only to see it break rather than retrace and correct itself. Following a similar pattern, with room on the stochastic, could lead to a fluctuating price, but with the bullish sentiment, I could see a rise to closing in on the high 100s and reaching new highs closing at 200.
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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.