Palladium broke out of its downward channel, gapping, and landing coincidentally, at the 38.2% fibonacci retracement level.

$220 which is the 61.8% retracement level, is the next tested resistance.
A break above it, which good intraday volume, could potentially take the price to all time highs.


breakoutchannelbreakChart PatternsFibonacci RetracementgapTechnical IndicatorsPALLPalladiumParallel ChannelTrend AnalysisTesla Motors (TSLA)

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