Big falling wedge has broken out.
MACD rolling up but has yet to cross over (4hr view)
RSI is moving upward
Fib levels are resistance levels. Take profits at these levels.
Green arrow measurement comes from the flagpole (measured from from ~0.75 to ATH)
The 8MA is about to cross over the 21 MA from below with increasing volume
Stop loss at ~2.4 seems reasonable
~6.6 would be top target
NFA
MACD rolling up but has yet to cross over (4hr view)
RSI is moving upward
Fib levels are resistance levels. Take profits at these levels.
Green arrow measurement comes from the flagpole (measured from from ~0.75 to ATH)
The 8MA is about to cross over the 21 MA from below with increasing volume
Stop loss at ~2.4 seems reasonable
~6.6 would be top target
NFA
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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.