- About a 20% chance for a run to test the $7750
resistance at max before retracing to
$7050-$7450 Buy Zone.
- 20 day moving average is acting as a strong resistance.
- About an 80% chance for a downward breakout from
the ascending channel that has formed, & another
retracement to the ascending support 'buy zone'.
- The course could run over the next month; I expect
bullish momentum in July - August.
resistance at max before retracing to
$7050-$7450 Buy Zone.
- 20 day moving average is acting as a strong resistance.
- About an 80% chance for a downward breakout from
the ascending channel that has formed, & another
retracement to the ascending support 'buy zone'.
- The course could run over the next month; I expect
bullish momentum in July - August.