The price has broken the upper line of the linear regregreesion lines in this chart. It indicates potential reversal of trend. The fibonacci retracement line dram from 394.70 to 198.55 shows important levels for the bulls to reach. The price is already above the 23.6 % and is looking toward 38.2% (273.55) . The GANN square of Nine shows important support and resistance for near term.
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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.