sitting at triangle apex. Could break either way but looks like a bearish pennant
to me which could take us below our weekly SMA200 before Christmas. We have hidden bearish
divergence on the 3H MFI
so this could break to the downside. TP targets set by using 138.2 and 161.8 fib extensions from the pole height and height of the pole itself taken from the height of the pennant
(**it's meant to be subtract from top of pennant
on the chart not add).
There is bullish divergence
on the daily MFi
and hidden bearish
divergence on the weekly MFI
so expecting a bounce at some point, possibly January, followed by a stronger move down (capitulation?).