๐ Trend: The chart shows an upward trend within a channel.
๐ Resistance: Key levels appear around $200 (๐ "Wait for break $200"), $251.69, and $360.28.
๐ข Support: The highlighted level at $175.55 acts as a significant support zone.
โ ๏ธ Breakout Watch: A breakout above $200 could signal further upward momentum.
๐บ Targets: Next potential resistance levels after $200 are $251.69 and $360.28.
Summary: ๐ Wait for confirmation of a breakout above $200 before entering a long position. If it holds, watch for movements toward the higher resistance levels. ๐ก๏ธ Protect against drops near $175.55.
๐ Resistance: Key levels appear around $200 (๐ "Wait for break $200"), $251.69, and $360.28.
๐ข Support: The highlighted level at $175.55 acts as a significant support zone.
โ ๏ธ Breakout Watch: A breakout above $200 could signal further upward momentum.
๐บ Targets: Next potential resistance levels after $200 are $251.69 and $360.28.
Summary: ๐ Wait for confirmation of a breakout above $200 before entering a long position. If it holds, watch for movements toward the higher resistance levels. ๐ก๏ธ Protect against drops near $175.55.
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Related publications
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.