A few reasons to go long:
1. we just hit the 50% retrace at $82
2. we are completing a descending wedge (likely to break up)
3. there is a gap at $143 that aligns well with the 1.618 extension
1. we just hit the 50% retrace at $82
2. we are completing a descending wedge (likely to break up)
3. there is a gap at $143 that aligns well with the 1.618 extension