We are approaching the end of the flag pattern (created by price increase at the end of May through mid Jun and the correction/bottom in early August).
We are currently trending above the 9 MA and 200 MA.
The next level of resistance I see is ~$614. If we break that resistance level I believe the price will jump to ~$623 (or the .382 Fib resistance level).
Any thoughts?
We are currently trending above the 9 MA and 200 MA.
The next level of resistance I see is ~$614. If we break that resistance level I believe the price will jump to ~$623 (or the .382 Fib resistance level).
Any thoughts?