Looking at the downtrending RSI and MACD compared to the rising wedge formation, this will likely break lower and move quickly.
Currently looking for a restest of $280 in the short term
Currently looking for a restest of $280 in the short term
Note
Pattern was holding, but UBS upgrade after hours has made this trade a no-go.
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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.