OCTO has to chooseOCTO has been playing with this blue level for a few weeks now. It has served several times as support and resistance. Now OCTO is trading within the range.
Two scenarios:
- OCTO breaks down after which it could easily drop to the 22 support level.
- OCTO breaks out and tests the diagonal trendline. If it breaks, I would expect a retest of the trendline and then a move towards the 35 level.
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