On the 1H a bull flag formation is present and the price is being supported by the bottom of the ichimoku cloud. Target of the pole and bullflag is $9277. Previous ideas showed an inverse head and shoulders forming. The inverse H&S structure is not complete yet. On the larger time scale, s move up and a retracement will form a significant heads and shoulders formation.
RSI shows an ascending triangle. Overall everything is toward the uptrend.
RSI shows an ascending triangle. Overall everything is toward the uptrend.
Comment:
target reached
