I can see a falling wedge pattern (bullish) starting to break out, with strong resistance at the 0.618 Fibonacci level (forming a double-ish bottom), a higher daily high, a MACD signalling a buy, and a RSI divergence showing bullish momentum.
But I'm sure a lot will depend on what the broader stock market is doing.
But I'm sure a lot will depend on what the broader stock market is doing.
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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.