MACD Reversal confirmed as well as increasing relative strength I believe will allow this to continue trading towards the $65 range, my first price target where I will trim position. Depending on whether it can break this channel assuming the top of the trading range is reached, I would put a second price target of near $70 if it can break above the $65 Level.
Entered this one a little too early, but respected my stop loss and let it ride out for a week or so.
Entered this one a little too early, but respected my stop loss and let it ride out for a week or so.
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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.