Long
DOCK going up?
S/R analysis based on two aspects: first the actual price is moving at same rithm but different speed (movement seems to be more consolidated this time) as circled area. Second is DOCK moving around its support line (bottom of uptrend channel).
If history repeats as marked on yellow, DOCK might move up towards TP1, then back to the rebound line and finally up again.
If history repeats as marked on yellow, DOCK might move up towards TP1, then back to the rebound line and finally up again.
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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.