This has been slowly consolidating sideways since the start of 2024 but it is moving in the right direction I believe
Price is above the 50 and 200 Day MA and continues to make higher lows.
I also like how the pull back in Mid 2024 held support perfectly on the 0.618 Fib at $151 which is standard for a Wave 2 pull back.
A higher high next above $218 could trigger the price action to finally move higher to the blue line at $259, above this level and the bull case is active.
Worth watching closely.
TommyJR
2025-03-28 10:11:33 +0000 UTC