Price just closed above $209.64 — reclaiming the 0.236 Fib level with a +19.77% candle! We're now watching to see if this breakout has the momentum to continue toward the 0.382 ($221.54) and eventually retest the 0.5 zone ($245.99).
🟣 Previous High at $349.75 remains a major target — but notice how price respected that $142.58 support and launched with force.
🔄 Market structure still favors bulls in this mid-term reversal setup. A break and hold above $221 could be the confirmation many are waiting for.
🚀 Next stops: $245.99 → $270.43 → $305.24 🎯 Long-term goal: $349.75 and beyond.
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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.