Just reached resistance level at $136.49 and expecting price to retrace down to $131.50 (past resistance level) which would be a great entry before the price continues to rally up after that. The Stochastic is showing severely overbought which confirms price retracement over the next few days.
Commentaire:
The price broke its April resistance level and has reached the levels set in February. If the price breaks here, then we can expect this year's high around $144 before retracing.