2/6/24: New Demand Zone reached. Feb '24 reached a new higher-high, which either gives sustained price above $102 and continues up (Plan A), or price falls further into demand testing $95 and adding positions along the way, reducing cost average. $95 would be the bulls last chance at breaking out of the $116-120 Supply Zone.
Comment:
Price action will eventually break and hold the 104 level or continue to push price down towards 95. 104 is currently acting as strong resistance. If it gets pushed down, I will buy along the way to 95. if it breaks, i will buy more on a S/R flip on 104