I scooped a few long holds at the 51.53 .236 level. The daily rsi looks like it has a little bounce. I would expect a run back to the 63$ level but a failed hold at 51.53 could bring us back to 44 level. I would love to averge down around there but I think we might run back. If we manage to break 63 with volume that’s a great long trade into blue sky areas This is just basic fib retracement levels
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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.