Yesterday we said we were watching for support on the 50 Day MA or losing that, to expect support on the yellow trend line.....the price managed to hold in between both but dropped to the trend line in the PM today.
Very happy with the bounce so far and keeping in this channel.
A break out of this channel will be a positive move and confirm our impulse wave.
I think it is only a matter of time before we test the top red line at $65.
Ilia$
2023-12-06 19:06:35 +0000 UTC