Can we see a breakout in
C
?
I currently say this because ever since the 14th of January of 2019 it has been consolidating between the resistance line at the $65.23 and the support at $60.81.
For myself the RSI and MACD are the most important indicator to me. As you can see the MACD has crossed just before the 3rd run to the resistance and the RSI is yet to be oversold.
Posting this today the price has came close to the resistance line just by $0.6. I believe that if we see the price break through the resistance than it will breakout and we can see the target price to be around the $69.00 range.
ALSO, there was a big right triangle forming and as of today it has also broken through the right triangle resistance line. So this should be interesting to look at if it can break through 2 resistance lines.
C
? I currently say this because ever since the 14th of January of 2019 it has been consolidating between the resistance line at the $65.23 and the support at $60.81.
For myself the RSI and MACD are the most important indicator to me. As you can see the MACD has crossed just before the 3rd run to the resistance and the RSI is yet to be oversold.
Posting this today the price has came close to the resistance line just by $0.6. I believe that if we see the price break through the resistance than it will breakout and we can see the target price to be around the $69.00 range.
ALSO, there was a big right triangle forming and as of today it has also broken through the right triangle resistance line. So this should be interesting to look at if it can break through 2 resistance lines.