The counter is currently in a sideways range in the short-term.
It hit the lower end of range, made a false break and is now spiking up.
We expect the shorts to have trapped fake out and hence a sharp move to the upper end of the range.
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.
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.