Looking like this may have bottomed. Waiting for a breakout of consolidation to go long with 536.00 as target. That is a huge move so really watching this one.
Not trading advice. DYOR.
Not trading advice. DYOR.
Trade active
Note
If we confirm this breakout by a daily close above 295, we look to 330 next.Note
Yes, still holding this one despite recent developments.1. 295 is a significant level and it will not break easily.
2. The premise of the breakout is intact.
3. Note how the price reacts to the moving averages.
Enough said for now.
Trade closed manually
Taking a small profit and reducing exposure/risk.
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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.