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let´s see what the 141-143 USD area is going to bring.
end of the correction or a new leg up
Bull flag or the end of the uptrend (Doubeltop)?
short retracement or next upmove?
The major indices almost reached the Dec Top (start of selloff).
Nasdaq Comp is already there.
DJI, SPX, NDX are few point behind.
So a good chance for some point to the downside
BA out of the 2h-channel.
For me an overreactionand time für oh pullback
The current level should give some resistance and we could retrace some time
1st target ~7,40
2nd target ~8,15
The bullrun should now have a pause. The 392-395 level is good level for taking some chips off the table ormaybe some shortterm shorts
We are reaching the 210-214 USD range which is a good level for some shorts/consolidation for a few days
the level right now gives a good chance for some profits by shorting the stock.
if the 400 USD will be reached or not there is more potential on the down side
1st short position
Before shorting trying to have a better level of risk for my shorts
my next targets in red
we reach the end of a bullish phase
Time for a pullback on 13.3.