I think is poised for another decent
sized pop. After confirming $560's as strong
support, sellers have been holding price below
$650's for a while. This is classic consolidation
with higher lows and lower highs. ANY major
news event could squeeze shorts or cause longs
So, as of right now I'm still long-term but
watching news and breaks of this key consolidation
pattern to determine if we're gonna move towards the
next long targets of $680 - $775, or if we'll get a retest
of $560's first. Either way I think a good trade is coming.
BE PREPARED FOR A POP IN EITHER DIRECTION!
YOU CAN MAKE MONEY ON EMOTION IF YOU'RE
PREPARED AND QUICK ON THE TRIGGER.