No doubt the analyst upgrade and new price target will be the catalyst for the next price move.
I need to see at least a 2h candle close above $1368.75 and would actually prefer a daily candle close. In January 2025 when the CCI indicator line closed above +100 there was a $94 price move up in 7-8 trading days. The CCI is again crossing +100.
Confluence- A bullish Pin bar type candle printed on 2.28.25 at the top BB line which is also the Triple Top line.
I expect the BB to start expanding and volume to increase, which for me will be confirmation to enter a trade.
Price target $1479 by end of March 2025.
I will be looking at calls.
I need to see at least a 2h candle close above $1368.75 and would actually prefer a daily candle close. In January 2025 when the CCI indicator line closed above +100 there was a $94 price move up in 7-8 trading days. The CCI is again crossing +100.
Confluence- A bullish Pin bar type candle printed on 2.28.25 at the top BB line which is also the Triple Top line.
I expect the BB to start expanding and volume to increase, which for me will be confirmation to enter a trade.
Price target $1479 by end of March 2025.
I will be looking at calls.
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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.