Looks to be in a rising channel or bull flag. Seeing how bullish this has been I am calling I a bull flag. I stayed long although I considered taking profits at 48 area, as I knew we needed a correction, we fell almost perfectly to my support area around 45.78. In very confident this is heading to try to breakout of long term falling channel. This target breakout of 53$ is 81$
For now the bull flag potential if closes and volume supported above 47.56 , is a target of 51.50$ !
Other wise a breakdown we still have stronf support at
45.78
45.15
44.20
And 43.92.
For now the bull flag potential if closes and volume supported above 47.56 , is a target of 51.50$ !
Other wise a breakdown we still have stronf support at
45.78
45.15
44.20
And 43.92.