I had been watching this when it had a nice breakout up to the $100 area, but it weakened quite a bit as the market sold off and gave up $94. However, now we have another descending channel breakout that looks better than the last one that was shorter term.
Looking for it to reclaim $94 for a long confirmation, first target is up to the recent high near $100.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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