A Bollinger Band Squeeze might support further upside price potential.
See the previous occurrence of such a squeeze as highlighted by the blue circle. E similar price action is expected.
A price action above 128.00 supports a bullish trend direction.
Crossing below this level will negate the bullish stance.
Crossing above 131.20 might target 134. 40 .
Crossing below 129.05 will be the first sign of pending weakness.
See the previous occurrence of such a squeeze as highlighted by the blue circle. E similar price action is expected.
A price action above 128.00 supports a bullish trend direction.
Crossing below this level will negate the bullish stance.
Crossing above 131.20 might target 134. 40 .
Crossing below 129.05 will be the first sign of pending weakness.