On the weekly chart, I see something that resembles an inverted head and shoulder formation.
Price has broken out of the neckline at 51.59 area, and seems to be retesting it this week.
I expect a bullish run at least to the range of (59 - 61).
Price has broken out of the neckline at 51.59 area, and seems to be retesting it this week.
I expect a bullish run at least to the range of (59 - 61).
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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.