Could not break above the $35 level and has rejected now and so we are watching for a hold at a higher low now
A very clear inverse head and shoulders pattern is forming here now too and aligning with the 0.5-0.618 Fib levels too.
A hold within $32-$31 would allow this to go back up and make another attempt at the $35 level again.
Nick E
2024-10-17 18:01:07 +0000 UTCmanjunath
2024-10-17 17:12:47 +0000 UTC