This is the first tap of the original low outside of a major trend break. It is also the 11.4 fib level of the breakout move. With price ranging between $87-$126, I'd expect for $126 to be tested again.
We do have several catalyst coming down the pipeline as well. Phase 2 results, Phase 3 results, EU Deal is still in limbo, FDA approval, then actual sales of the vaccine if approved. With this pattern, I'm expecting a sharp V correction into new highs.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.