Long
GO to rocket back to 275 before month end?
Just like the retrace of the previous uptrend, GO seems to be forming a falling wedge with declining volume.
GO could drop another 10% (to 203 area where the .618 fibonnaci is) in the next 5 days to make the last macro higher before trending backup, which is started with an explosive move back to 275.
GO could drop another 10% (to 203 area where the .618 fibonnaci is) in the next 5 days to make the last macro higher before trending backup, which is started with an explosive move back to 275.
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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.