Today's move followed the tagging of the 100DMA as previously posted.
Stay long here to see if it can break the resistance at $2800. If we can get over this then we are looking well into the $3500-$3700 area for the extension.
Held the 100DMA support (just). Closed well above it however on Friday, stochastic RSI floored but turning nicely. I'd go long here to the Fib at $11.07. Pop a stop on just below the 100DMA just to be safe.
Continued upside from the completion of a very interesting technical set-up.
Sequence of smaller cup/handle formations has completed and broken the neckline of a first larger "bowl" shape.
Second phase in motion should complete a second larger bowl returning the price to its all time high.
Third phase will drive above this - most likely towards the 161.8% Fib -...