As initially thought, W went on to make a higher high and found strong resistance at the 200 region. Expecting some kind of consolidation here before either heading higher or lower. Consider the balance and income sheets and the overall economic conditions, the bias is obviously down but that does not mean it cant squeeze higher either. With a shgoirt float still hovering around 30%, the potential for higher highs is still there
Yorum:
Yorum:
Pumping up to the 200 region, we see that consolidation of the potential top is in full effect. expecting a full stop at 200$ region in order to validate this theory.
