Moving in an impulse wave here and nice retest of the blue line which was the previous ATH line in 2021.
So far holding here but still needs to negotiate with the 50 Day MA just slightly above to confirm a move higher.
A rejection here and losing the blue line and this can break down to the 200 Day MA again at $765 right now.
For now, I am leaning towards the impulse wave playing out.
Olivia
2024-09-11 21:09:28 +0000 UTC