It's wayyy into the symmetrical. It's either going sideways or down. The decrease in volume along with the oscillators signaling a downtrend doesn't look like a setup for a rally in the short term. It can pullback after it breaks out, might want to swing that but honestly call credit spreads are looking good for now. I don't see this passing $425 this week
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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.