Coming to the point of the declining triangle, either will break out, target $55, the T2 $57 or break down, support target $50, then $47. Leaning bullish and expecting it to break out in my subjective opinion. Looking for a Long Entry of $52.00
Broke the resistance trendline on the daily chart after closing under yesterday. Either a false breakout, or a legit one. Futures markets make me lean towards a legit breakout coming into winter seasonality, as well as the lower injection print this week, but this is my subjective opinion. I would look for next level of $2.80
Not investment advice. Under $6 is a steal. That is all. Come back in 3 months.
Looking for this to complete to the 1.33 resistance level over the next 12 hours. Trend is still upwards.