Current price is in a falling wedge and consolidating in 310-330 above 100 SMA within a long-term uptrend channel. Two grey circles mark previous & current consolidation zones - a clear attempt to highlight a repeating pattern that may lead to a breakout, just like in late April. MACD/RSI show signs of bullish momentum recovery. PT: 350. 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.