The price is located near the descending resistance + EMA200 (Yellow) and horizontal resistance at $138.5. As you could understand, the resistance is really strong. Priority is very bearish as long as it is valid.
However, if this resistance is broken - we can easily go further upwards. Chances of breakout are very small.
However, if this resistance is broken - we can easily go further upwards. Chances of breakout are very small.
Note
BIG PUMP right now !!
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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.