Another positive sign is the recent Pocket Pivot signal.
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We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 58.3. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 58.04, a stop order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
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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.