It looks like it rocketed 4% [overbought] yet despite the momentum it has now got rejected off of a multi month fib [Since the corona crash to the may peak]. I think it will consolidate until close, and then breakout again
Note
The fib was from March 2020 to May 2021. I forgot that Trading View doesn't allow square brackets.
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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.