Today's close was just over $50. This is a huge win for the bulls from a technical standpoint. It corrected, and now closed above the all time high of the IPO at $49. For those traders who know what Bollinger bands are, you can see what I see. Also, a potential handle is forming for a giant cup. If the handle forms, I will be trading it accordingly. Thursday, March 18 will be an interesting day.
Note
This consolidation looks familiar to 2020-2021.
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.
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.