LUNA/USD Daily TA Cautiously BearishLUNA/USD Daily cautiously bearish. Recommended ratio: 35% LUNA, 65% cash. Price is currently breaking down at $88.70 after forming a Bearish Engulfing Candle in yesterday's session. Volume remains very low and is on track to favor buyers in today's session as the bulls stage one last attempt at establishing support at $92.78 resistance. Parabolic SAR flips bearish at $84.05 support; this is bearish. RSI is currently trending sideways at 47 after it has been hovering around 51.40 resistance since 04/18/22; this is mildly bearish. Stochastic remains bearish for a second consecutive session and is currently trending down at 73 as it approaches 69.86 support. MACD remains bearish and is trending down at -0.95; if it crosses below -1.06 it will be a bearish crossover. ADX continues to trend down at 17 as Price faces stiff resistance at these levels, this is still neutral at the moment; a bounce here accompanied by more Price depreciation would be bearish. If Price is able to bounce in tomorrow's session and create a Bullish Engulfing Candle that takes it above $92.78 resistance, the next likely target would be a retest of $102.60 minor resistance. However, if Price continues to fall here then it will likely retest $84.05 support. Mental Stop Loss: (two consecutive closes above) $92.78
UST
LUNA/USD Daily TA Neutral BearishLUNA/USD Daily neutral with a bearish bias. Recommended ratio: 40% LUNA, 60% cash. Price is forming a Bearish Engulfing Candle in today's session and is currently breaking down below the 50 MA ($94.80) + $92.78 minor resistance at $89. Volume remains very low and broke the two day streak of buyer dominance in today's session when Price was rejected at the 50 MA. Parabolic SAR flips bearish at $82.76. RSI is breaking back down below 51.40 resistance and is currently trending down at 48. Stochastic is currently in the process of a regressing to a bearish crossover at 79 after one day of being bullish; the next support is at 69.86. MACD remains bullish and is currently trending down at -0.83 after peaking at -0.72. ADX is trending down at 18 as Price continues to swing in extreme volatility, this is neutral at the moment; direction will be provided upon trough formation. If Price is able to close above the 50 MA ($94.80), the next likely target is a retest of $102.60 minor resistance. However, if Price closes today in a Bearish Engulfing Candle, then it will likely retest $84.05 support. Mental Stop Loss: (one close above) $94.80.
LUNA/USD Daily TA Neutral BearishLUNA/USD Daily neutral with a bearish bias. Recommended ratio: 45% LUNA, 55% cash. Price is currently retesting the 50 MA as resistance as it attempts to flip $92.78 from minor resistance to support. Volume remains very low and is on track to favor buyers for two consecutive sessions if it is able to close today in the green; this scenario would be mildly bullish. Parabolic SAR flips bearish at $82. RSI is breaking out above 51.40 resistance and is currently trending up at 53. Stochastic is currently in the process of regressing to a bullish crossover at 79.50 after being bearish for two sessions, the next resistance is at max top. MACD remains bullish and is currently trending up at -0.88 as it approaches a test of 0 resistance. ADX is trending down at 19 as Price is surging in today's session, this is neutral at the moment. If Price is able to close above the 50 MA, it would need another consecutive close to establish support; then the next likely target would be a retest of $102.60 minor resistance. However, if this is a bull trap and Price falls back below $92.78 minor resistance, the next likely target would be a retest of $84.05 support. Mental Stop Loss: (two consecutive closes above) $92.78.
LUNA/USD Daily TA Neutral BearishLUNA/USD Daily neutral with a bearish bias. Recommended ratio: 40% LUNA, 60% cash. Short/medium term bias has turned bearish after closing yesterday's session (earlier today) below $92.78 minor resistance. Price is currently trending down at $89.60 and is attempting to establish a new minor support to avoid retesting $84.05 support. Volume remains very low and continues to be fairly balanced indicating that consolidation still has not been ruled out entirely. Parabolic SAR flips bearish at $81.20. RSI is trending down at 47.50 after being rejected by 51.40 for the third time in five days. Stochastic crossed over bearish in yesterday's session and is currently trending down and testing 69.86 support. MACD remains bullish but is barely resisting a reversion to a bearish crossover for what is now four consecutive sessions; it is currently trending sideways at -1.24, if it were to fall below -1.35 it would cause a bearish crossover. ADX is currently trending down at 20 as Price is attempting to recapture support at the 50 MA, this is mildly bearish. If Price is able to recapture the 50 MA + $92.78 as support, then the next likely target is a retest of $102.60 minor resistance. However, if Price continues to fall here then it will likely retest $84.05 support. Mental Stop Loss: (two consecutive closes above) $92.78.
LUNA/USD Daily TA Neutral BullishLUNA/USD Daily neutral with a bullish bias. Recommended ratio: 70% LUNA, 30% cash. Price is currently testing the 50 MA + $92.78 minor resistance for the fifth consecutive session; this consolidation is slowly weakening and risks becoming a capitulation but still favors bulls in the short to medium term. Volume remains low and is fairly balanced between buyers and sellers, this is neutral at the moment. Parabolic SAR flips bearish at $79.57. RSI is currently trending down at 48.51 as it hovers just below 51.40 resistance for the fifth consecutive session, this is mildly bearish. Stochastic remains bullish and is currently resisting a bearish crossover at 83.48, the next support is at 69.86 and the next resistance at max top. MACD remains bullish for the second consecutive session and is trending up at -1.05, the next resistance is at 0. ADX is trending down at 21.82 as Price continues to consolidate, this is mildly bearish. If Price is able to establish support at the 50 MA + $92.78, then the next likely target is a retest of $102.60 minor resistance. However, if Price breaks down out of consolidation, then it will likely face capitulation which would take it down to retest $84.05 support. Mental Stop Loss: (one close below) $89.66.
Luna Luna, where r u going w 20 when the Sun rises w 30?Luna Luna, where r u going w 20
When Sun rises w 30 on 5 May
Perhaps 20 + 30 = 50
NAF DYOR
LUNA/USD Daily TA Cautiously BullishLUNA/USD Daily cautiously bullish. Recommended ratio: 80% LUNA, 20% cash. Price is currently testing the 50 MA at $92.78 minor resistance for a third consecutive session in attempts at establish support. Volume remains very low and broke the two day streak of buying in the previous session earlier today, if Volume can favor buyers in today's session it would be bullish. Parabolic SAR flips bearish at $78.04 minor support. RSI is currently trending sideways at 51.40 resistance for a third consecutive session as it attempts to establish support there; the next resistance is at 60.13. Stochastic remains bullish and is currently trending up at 90 (blowing past 69.86 resistance), the next resistance is at max top. MACD is currently in the process of crossing over bullish at -1.50 after establishing support at -2.43. ADX is trending down at 23.20 as Price is consolidating, this is mildly bearish; however, a bounce here with continued Price appreciation would be bullish. If Price is able to establish support at the 50 MA and turn $92.78 from resistance to support, the next likely target would be a retest of $102.60 minor resistance. However, if Price breaks down below $92.78 it would likely retest $84.05 support. Mental Stop Loss: (two consecutive closes below) $92.78.
LUNA/USD Weekly TA Neutral BullishLUNA/USD Weekly neutral with a bullish bias. Recommended ratio: 60% LUNA, 40% cash. Price is currently breaking out above $87.51 minor resistance and forming a massive Bullish Engulfing candle as it attempts to defend support at the uptrend line from August 2021 ($82). Volume remains very low and has been shrinking for four consecutive sessions now, indicating that a breakout or breakdown is pending in the coming weeks. Parabolic SAR flips bearish at $53.23, this is mildly bearish considering that Price can fall an additional 23% and still wouldn't flip SAR bearish. RSI is currently bouncing off of the uptrend line from November 2019 (55) and is trending up at 59; the next resistance is at 64.56, which RSI would have to break out above in order to test the descending trendline from February 2021 (70-73). Stochastic remains bearish and is currently trending down at 43.43 after being rejected by the descending trendline from September 2021 at 66.26 resistance. MACD remains bullish and is currently resisting a bearish crossover by trading sideways at 12.53; if it were to fall below 12.08 then MACD would crossover bearish. ADX is trending sideways at 41 as Price is surging, this is neutral at the moment; if ADX is to start trending up as Price continues to appreciate then this would be bullish. If Price is able to turn $87.51 minor resistance to support (by closing above it in two consecutive sessions), then the next likely target is a retest of the ATH at $119.72. However, if Price breaks down below the uptrend line from August 2021 ($85-$87), then it will likely retest the lower trendline of the ascending channel from July 2021 at $74.60 minor support. Mental Stop Loss: (two consecutive closes below) $87.51.
LUNA/USD Daily TA Neutral BullishLUNA/USD Daily neutral with a bullish bias. Recommended ratio: 55% LUNA, 45% cash. **Bull trap watch continues until daily closes above $84.05 by 8pm; if it doesn't, it would invalidate the bullish positioning**. Price is currently testing the 50 MA at $92.78 minor resistance after surging past $84.05 on a breakout that took 8 days to develop. Volume remains very low even after surging in yesterday's session and is on track to favor buyers for two consecutive sessions. Parabolic SAR flipped bullish in today's session and would now flip bearish at $76. RSI is currently testing 51.40 resistance, if it's able to breakout above this level then the next resistance (minor) is at 60.13. Stochastic remains bullish and is currently trending up at 37; the next resistance is close by at 43.42. MACD remains bearish and is currently trending up at -2.43 minor support in attempt to cross over bullish at -1.50; if it can cross over bullish then the next likely target is a test of -0.12 resistance. ADX is trending down at 26 as Price continues to push higher, this is mildly bearish at the moment and would need a bounce in the coming sessions to help validate continued Price appreciation. If Price is able to breakout above $92.78 minor resistance (which currently coincides with the 50 MA), then the next likely target is a retest of $102.60 minor resistance. However, if Price is rejected here then it will likely retest $84.05 as support. Mental Stop Loss: (two consecutive closes below) $84.05.
LUNA/USD Daily Neutral BearishLUNA/USD Daily neutral with a bearish bias. Recommended ratio: 40% LUNA, 60% cash. *Bull trap watch*. Price is currently breaking out above $84.05 resistance (at $89) after testing (and bouncing off of) $78.04 minor support. Volume ended the 7 day streak of shrinkage when demand showed up at $78.04 minor support. Parabolic SAR flips bullish at $92.78 minor resistance. RSI is currently trending up at 48.50 after testing the descending triangle from August 2021 at ~40 for a little over a week (strengthening the case for established support); the next resistance is close by at 51.40. Stochastic is forming a bullish crossover and is currently trending up at 15.36; the next resistance is at 21.78. MACD is forming a trough and is currently trending up at -3.55 (it is still technically testing -2.43 minor support); a move above -1.28 would likely lead to a bullish crossover. ADX is trending down slightly at 29 as Price surged in today's session, this is neutral at the moment. If Price is able to break out above the 50 MA + Parabolic SAR at $92.78, the next likely target is a retest of $102.60. However, if Price is rejected at $92.78, it will likely test $84.05 as support. Mental Stop Loss: (two closes above) $84.05; currently on track for one close above today but to be mindful of the threat of a bull trap, two closes above $84.05 would help confirm support.
LUNA/USD Daily TA Neutral BearishLUNA/USD Daily neutral with a bearish bias. Recommended ratio: 35% LUNA, 65% cash. **Sunday bull-trap watch**. Price has now been testing $80 as support for four consecutive sessions now and is currently forming a rounded bottom (U shaped) as it attempts to test $84.05 resistance. Volume has now shrunken for seven consecutive sessions (indicating an impending breakout/breakdown) and is on track to favor buyers for two consecutive sessions if it can close in the green today. Parabolic SAR flips bullish at $96. RSI remains trending sideways at 38.50 as it has now been testing the descending trendline from August 2021 for seven consecutive sessions now; if it can establish support here it would be bullish. Stochastic remains bearish as it is currently attempting to complete a double bottom at 1.60; a move above 4 would reinstate a bullish crossover. MACD remains bearish and is finally showing signs of trough formation just below -2.43 minor support (currently at -3.40). ADX remains trending up at 30 as Price is attempting to fend off the selling pressure, this is mildly bearish. If Price is able to breakout above $84.05 and recapture support there, then it will likely test the 50 MA at $92.78 minor resistance. However, if Price is rejected here then it will likely retest $78.04 minor support before potentially heading lower to $70.15 support. Mental Stop Loss: (two consecutive closes above) $84.05.
LUNA/USD Daily TA Cautiously BearishLUNA/USD Daily cautiously bearish. Recommended ratio: 20% LUNA, 80% cash. Price is still defending $80 as the selling pressure mounts; the next support (minor) is at $78. Volume remains very low and continues to shrink (since 04/11/22), indicating that an impending breakout/breakdown is likely; it has favored sellers for three consecutive sessions now. Parabolic SAR flips bullish at $99. RSI remains trending sideways at 38.50 and is beginning to trend down just below the descending trendline from August 2021. Stochastic has officially regressed to a bearish crossover and is currently trending down at 1.60 as it fast approaches max bottom. MACD remains bearish and is currently trending down below -2.43 minor support (at -3.32) with no signs of trough formation; the All Time Low is at -7.75. ADX is trending up slightly at 28 as Price continues to fall, this is bearish. If Price is able to defend $80, then the next likely target is a retest of $84.05 resistance. However, if Price continues to fall here, then it will likely retest $78.04 minor support before potentially retesting $70.15 support. Mental Stop Loss: (two consecutive closes above) $84.05.
LUNA/USD Daily TA Cautiously BearishLUNA/USD Daily cautiously bearish. Recommended ratio: 25% LUNA, 75% cash. Price is currently defending $80 as it trends lower toward a formal retest of $78 minor support. Volume remains very low and has been shrinking since 04/11/22, indicating that a breakout/breakdown is likely pending; it has favored sellers for two consecutive sessions now. Parabolic SAR flips bullish at $102.60 minor resistance. RSI is beginning to trend down at 38 and is currently showing signs of breaking down below the descending trendline from August 2021 (this would increase the likelihood of RSI retesting the uptrend line from November 2019 at 30 significantly). Stochastic is currently crossing over bearish at 5.54 and if it were to continue, then a retest of max bottom for the first time since 01/29/22 would likely follow. MACD remains bearish and is currently barely breaking down below -2.43 with no real signs of trough formation. ADX is beginning to trend up at 28 as Price continues to fall, this is bearish. If Price is able to bounce here, then it will likely retest $84.05 resistance before deciding it's next move. However, if Price continues to fall, then a retest of $78.04 minor support and potentially lower at $70.15 is likely. Mental Stop Loss: (two consecutive closes) above $84.05.
LUNA/USD Daily TA Cautiously BearishLUNA/USD Daily cautiously bearish. Recommended ratio: 30% LUNA, 70% cash. Price formed a bearish engulfing candle that took it back down below $84.05 support earlier today (in yesterday's session) and is currently trending down at $81; the next support is at $78. Volume remains very low and broke the two-day streak of buying earlier today (yesterday's session) and is on track for two consecutive selling days if it closes today in the red. Parabolic SAR flips bullish at $102.60 minor resistance. RSI is currently trending sideways at 39 and is technically still testing the descending trendline from August 2021 as support. Stochastic is currently on the verge of regressing to a bearish crossover at 7.50 (a fall below 7 would accomplish this). MACD remains bearish and is currently testing -2.43 minor support with no signs of trough formation; this is bearish. ADX is currently beginning to trend up slightly at 30 as Price faces more downward pressure, this is bearish. If Price is able to recapture $84.05 support, then the next likely target is a retest of $92.78 minor resistance. However, if Price continues to fall from here (or is rejected at $84.05 resistance) then it will likely retest $78.04 minor support before potentially testing $70.15 support. Mental Stop Loss: (two consecutive closes above) $89.52.
LUNA/USD Daily TA Neutral BearishLUNA/USD Daily neutral with a bearish bias. Recommended ratio: 45% LUNA, 55% cash. Price continues the bounce upward from $84.05 support in a bid to establish it as a major support; it is simultaneously forming a bear flag in doing so (something to monitor). Volume remains very low and is on track to favor buyers in two consecutive sessions if it closes today in the green. Parabolic SAR flips bullish at $108. RSI continues to test the descending trendline from August 2021 as support and is currently trending up at 43 (just above the trendline). Stochastic is attempting to establish a bottom at 3.56 and is currently forming a bullish crossover at 7.50; the next resistance is at 21.78. MACD remains bearish and testing -0.12 support; it is currently trending down at -0.60 with a slight angle toward a trough formation starting to be made. ADX is trending sideways at 28 as Price is attempting to establish a key support at $84.05, this is neutral at the moment. If Price is able to continue trending up, the next likely target is a retest of the 50 MA at $92.78 minor resistance. However, if the bear flag plays out, Price will likely breakdown below $84.05 and retest $78.04 minor support before potentially falling lower. Mental Stop Loss: (two consecutive closes above) $92.56.
LUNA/USD Daily TA Neutral BearishLUNA/USD Daily neutral with a bearish bias. Recommended ratio: 40% LUNA, 60% cash. Price is currently testing $84.05 support for the third consecutive day and is beginning to form a bearish flag as it attempts to establish support. Volume remains very low and broke the two day streak of selling yesterday with Price attempting to bounce here; a green close would strengthen the case for temporary support at $84.05. Parabolic SAR flips bullish at $108. RSI is currently testing the descending trendline from August 2021 at 42 as support. Stochastic is currently crossing over bullish at 4. MACD remains bearish and is showing no signs of trough formation as tests 0 support. ADX is beginning to trend up at 28 as Price is attempting to find support, this is mildly bullish. If Price is able to establish support at $84.05, the next likely target is a retest of the 50 MA at $92.78 minor resistance. However, if Price breaks down here, it will likely formally retest $78 minor support before potentially heading lower. Mental Stop Loss: (two consecutive closes above) $92.56.
LUNA/USD Weekly TA Neutral BearishLUNA/USD Weekly neutral with a bearish bias. Recommended ratio: 35% LUNA, 65%% cash. Price is currently testing $87.51 minor support (breaking down below at $85). Volume remains very low and will make it two consecutive weeks of selling if it closes in the red this week. Parabolic SAR flips bearish at $51, this leaves a lot of room for Price to fall and still not flip the SAR bearish . RSI is currently testing the uptrend line from November 2019 at 56. Stochastic is currently in the process of crossing over bearish at 58, just below 66.26 resistance. MACD remains bullish and is trending down at 13 after forming a peak at 14.09 minor resistance; if it crosses below 12 it would be a bearish crossover. ADX is trending sideways at 41 as Price is falling, this is neutral. If Price is able to establish support at $87.51, the next likely target is a test of $98-$105 before reassessment. However, if Price continues to break down here, it will likely retest $74.60. One condition to pay attention to is Price and its relationship with both the Daily and Weekly MACD , if Price were to break below $78 on the Daily, MACD would likely lose -0.12 support and test -2.43 minor support; if this were to happen it would likely plunge the weekly MACD from 13 to 12, causing a bearish crossover; this would potentially take Price down to between $57.15 and $74.60 in the short to medium term. Mental Stop Loss: (two consecutive closes above) $100.
**Occasional fundamental analysis on my Twatter**
Start buying as the VIX returns to 30?On the 28th of March the VIX dipped below 20 giving the signal that the market was on your side if a trim was in your investing plan-didn't fit with me since I'm long until we over shoot (around $155 short term). Today we are right back between 20 and 30. This could be a good time to add to positions like Luna if that fits with your investment strategy. $77.51 is the price I'm looking for to start DCAing while the VIX tests the top side at or above 30. Happy hunting Lunatics!
LUNA/USD Daily TA Cautiously BearishLUNA/USD Daily cautiously bearish. Recommended ratio: 30% LUNA, 70% cash. Price has broken down below the 50 MA ($90.50) and is currently testing $84.05 support. Volume remains low and with a red close today would favor sellers in eight of the past ten sessions (indicating enough buyers currently do not see value in above-$100 LUNA). Parabolic SAR flips bullish at $114. RSI remains trending down and is currently testing the descending trendline from August 2021 at 40 as support. Stochastic is currently attempting to crossover bullish at 4.50 as it precariously hovers over max bottom, this is mildly bearish. MACD remains bearish and is currently trending down at 1.56 as it approaches 1.16 support. ADX is currently forming a trough at 26.6 and is slightly trending up as Price continues to fall, this is bearish. If Price is able to establish support at $84.05, the next likely target is a retest of $92.78 minor resistance (which would coincide with the 50 MA). However, if Price continues to fall here, it will likely retest $78.04 minor support. Mental Stop Loss: (two consecutive closes above) $97.77.
*Occasional fundamental analysis on my Twatter*
LUNA/USD Daily TA Neutral BearishLUNA/USD Daily neutral with a bearish bias. Recommended ratio 35% LUNA, 65% cash. Price is currently testing $92.78 minor support for a third consecutive session as the 50 MA is slowly moving up (currently at $89.80). Volume remains low and ended up closing yesterday in the green, breaking the 4 day selling streak. Parabolic SAR flips bullish at $116.50. RSI remains trending down at 46 as it approaches a formal test of the descending trendline from August 2021 at 44. Stochastic remains bearish at 3.50 and is currently forming a trough in an attempt for a bullish crossover. MACD remains bearish and is currently testing 3.32 support with no signs of trough formation. ADX continues to trend down at 26 as Price faces selling pressure, this is neutral at the moment. If Price is able to establish support at $92.78, then it will likely retest $100-$102.60. However, if Price breaks down here, then it will likely retest the 50 MA (at $89.70) before potentially retesting $84.05 support.
*Occasional fundamental analysis on my Twatter*
LUNA/USD Daily TA Neutral BullishLUNA/USD Daily neutral with a bullish bias. Recommended ratio: 65% LUNA, 35% cash. Price is currently testing the uptrend line from 02/26/22 + $102.60 minor support + the upper trendline of the ascending channel from March 2021; this confluence makes this a critical test. Cup and Handle formations will sometimes breakout and see a retest of the handle breakout, which is what could be happening here. Volume remains low and is on track for four consecutive selling sessions if it closes today in the red. Parabolic SAR flipped bearish earlier today (in yesterday's session) and now would need to retest $119 to flip bullish again. RSI is breaking down out of the uptrend line from 01/30/22 and is currently bouncing at 54.76, the next support is at 51.40. Stochastic remains bearish and is currently testing 21.78 support. Correction to yesterday's analysis MACD would have turned bearish if it crossed below 6.92 minor support, which it did earlier today (in yesterday's session); it is now currently testing the uptrend line from 02/22/22 at 6.19 as support. ADX is currently trending down at 30.46 as Price is falling, this is mildly bullish. If Price is able to bounce here at $102.60 minor support + the upper trendline of the ascending channel from March 2021 + the uptrend line from 02/26/22, the next likely target would be a retest of $111.66 minor resistance. However, if Price breaks down here at this critical level, then it will likely retest $92.78 minor support. Mental Stop Loss: (two consecutive closes below) $102.60.
LUNA/USD Weekly TA Cautiously BullishLUNA/USD Weekly cautiously bullish. Recommended ratio: 70% LUNA, 30% cash. Price is in week two of attempting to reclaim the uptrend line from July 2021; it is currently trending down at $108 as it approaches the uptrend line at $104. Volume remains very low and is currently on track to end the six week buying streak if it closes this week in the red. Parabolic SAR flips bearish at $50, leaving lots of room for a downward correction. RSI is currently trending down at 66 as it approaches 64.56 support. Stochastic remains bullish and is currently testing 64.56 resistance; the next resistance is at max top (100.78). MACD remains bullish and is currently breaking out above 14.09 minor resistance at 15.44. ADX is trending up slightly at 40 as Price continues to appreciate, this is bullish. If Price is able to breakout above the ATH at $119.72, Price Discovery will continue and the next likely target is a test of $125 before potentially testing $150. However, if Price closes below the uptrend line from July 2021 at $104, it will likely retest $87.51 minor support. Mental Stop Loss: (one close below) $104.
LUNA/USD Daily TA Cautiously BullishLUNA/USD Daily cautiously bullish. Recommended ratio: 75% LUNA, 25% cash. Price has broken down below the upper trendline of the ascending channel from 02/26/22 ($115-$117) and is currently testing $111.66 minor support (at $108). Volume remains very low and is on track to favor sellers for two consecutive days with a red close in today's session. Parabolic SAR flips bearish at $100, signaling that Price wouldn't have far to fall to crossover bearish (which could also be short-lived). RSI is currently testing the uptrend line from 01/30/22 at 60.13 minor support. Stochastic has crossed over bearish and is currently trending down at 74 as it approaches a retest of 69.86 support. MACD remains bullish and has formed a peak at 8.23; it is currently trending down at 7.55 with the signal line trending alongside 5.05 minor support, if it were to fall below 5.05 minor support it would be a bearish crossover. ADX is trending down slightly at 34 as Price faces rejection, this is neutral for the time being. If Price is able to establish support at $111.66, the next likely target is a retest of the ATH at $119.66. However, if Price closes below $111.66 minor support, then it will likely retest the lower trendline of the ascending channel from 02/26/22 at $102.60 minor support. Mental Stop Loss: (two consecutive closes below) $102.60.
