Downtrend in Weekly - Break up in the Daily Chart with opportunity to join a brand new Uptrend Weekly Trendline needs to be broken and will support the change to the upside Anticipatory trend change from basing (yellow rectangle)
Unusual Option activity buying calls last week support the trend change too
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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.