As you can see from the chart there are a few resistances at play here with the big bad strong one being labeled as resistance 2 on the chart. IF we can break through these two resitances then target 1 should be easily attainable with a possible 2nd target of around 840k. Look for a couple bounces here off resistance though. My play here is to wait for breakout confirmation before jumping in for a long position and riding the wave. Of course this is not to be taken as financial advice as im just some clown with a keyboard and a half a brain.
Commentaire:
weve hit a nice support level and time to reevaluate the chart