The previous cup & handle play failed. If it can hold on to lower trend line and bounce off from here, it could head back to 138. If lower trendline breaks, 109 is possible. Good case - 138 Best case - 160 Worst case - 99.12.
——————————————————— How to read my charts? - Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines. - The yellow horizontal lines shows support and resistance areas. - Fib lines also shows support and resistance areas. - The dotted white lines shows price projection for breakout or breakdown target. Disclaimer: Do your own DD. Not an investment advice.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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