Cup & Handle formed on daily.
Gap close is likely.
RSI broken above 50 and out of the downtrend (Bullish momentum)
Target $338.39
Concerns:
Moving averages are still down
200 > Price.
Overall downtrend still evident
Bias- bullish
Gap close is likely.
RSI broken above 50 and out of the downtrend (Bullish momentum)
Target $338.39
Concerns:
Moving averages are still down
200 > Price.
Overall downtrend still evident
Bias- bullish
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
www.facebook.com/groups/matitrader
🌐Website:
www.timonandmati.com
💰FREE Discord:
discord.gg/c8f37kyv35
Twitter:
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)