Looks like we may get a reversal by the end of today. Note that we are currently 61.8% retracement with a strong directional candlestick at the bottom. Looking for a potential reversal by end of day today in which our minimum upside target will be $71.46. If we break through the lower support of at the 61.80% retracement (or $70.18) to the downside> look for a target of $66.02. Note shown here, are the technical indicators giving a strong signal that a reversal may be possible. Also, please note the vertical grey timing lines on this chart. We are looking at the dates August 2 and/or September 4 before the next major strong directional trend (up or down) may begin and price will probably consolidate between the above ranges until then.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.