Allow me to introduce myself, call me Jaba.
I’m not an expert but just a person who’ve noticed patterns and come to share what may be some insight into what others including yourself, already know. I hope you find my words just as enticing as the market, reader. Here’s my analysis of this week.
The week overall appears bullish and all the markets need right now is anything that’ll help run it up some more. There’ll be a plentiful of good news coming up that will give something to the MMs to sink their teeth onto.
As for my targets, the price will be driven up to 460, perhaps a dollar or two higher if we’re to come into extra volatility. However, I would be careful around these levels going forward, as the MMs will decidedly so find a way to take profits around the early 460s, potentially finding support around the 440s specifically 446-448 .
Enjoy.