DeGRAM

⚠️ US500 two false breakouts / Growth

Long
The price has been moving in a growing channel since December 2018.
In early April, it broke through the support 4013.4 and left the channel.
Then it continued to rise in a small uptrend.
In early May, the price made a false breakout of the 4160.0 turn support.
And the other day - the second breakdown of 4185.5.
I expect this breakout to be false too.
The price will rise to local resistance.
The target is 4254.3.


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