Price action looks weak in here, and it is on the verge of a breakdown from the consolidation.
Perfect entry for a low risk and high reward.
Take profit targets:
249 (double bottom) and 250.
:doom: :devastation!:
Greetings to the TV community.
Here's a good opportunity for the bulls to prove they are still alive.
As of late, selling has been showing some signs of exhaustion and important support levels have held in a long consolidation while the big bears don't bite, creeping up making -borderline- higher lows since the January 15th bottom.
The red trendline that dates...