In a perfect world. Resistance at weekly 50dma. If a failure occurs then fib .886 is in play at .38
Note
Watch this closely. This is a very long cup formation since March and may move to the upside.
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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.