When in doubt, zoom out. We can see this lower multi-year trendline acting as support. The daily is at a critical level to see if it continues to respect and stay above, if not easily can see $70 coming. Also a little bullish divergence on the MACD & recent lows.....I'm expecting a chop fest until the Feb. 3 hearings. All-in-all its down on no real news, a narrow but still a recent earnings beat so holding the course and DCA-ing whenever it makes sense
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.