Block: Nothing Block-ing further gains? We look to Buy at 71.84 (stop at 61.55)
Price action has formed a bullish ending wedge formation. A move through bespoke resistance at 71.84 and we look for extended gains. The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing. Preferred trade is to buy on dips. Expect trading to remain mixed and volatile.
Our profit targets will be 113.47 and 149.00
Resistance: 80.25 / 90.99 / 113.48
Support: 71.84 / 60.82 / 56.01
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