And so it begins...

12 thg 12, 2020

Great run the past few months but trees don't grow to the sky. It was great to see a close above 2017's high but now we'll need a close above that to continue the up move. Seems pretty unlikely since volume is weak (top right) and momentum is down (bottom right). Some potential retrace zones are highlighted around past support/resistance and they also line up with the .382 and .786 fibs. The only cause for concern would be a lower low with a close below the last swing low of $10,123. Investment long, trade neutral.

Why November's close was bullish AF...