Monday, January 15, 2018 6:52 AM EDT
The 50% Fibonacci retracement of the 2014-2015 bear market (around $67) is the next target for bulls. A close below $62,50 will create suspicion for a bull trap though.
source: INVESTING.com
Disclaimer: All opinions expressed are solely for information or educational purposes. The material does not constitute investment or trading advice. The material has no regard to the ...
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Disclaimer: All opinions expressed are solely for information or educational purposes. The material does not constitute investment or trading advice. The material has no regard to the specific investment objectives, financial situation, or particular needs of any viewer. I bear no responsibility for any actions taken or not taken by third parties after reading the blog! You are advised to consult with a qualified professional before making any investment decisions. I may have an interest and may make purchases or sales in the securities referred to in the blog. Please ask for my consent before re-publishing blog content. Thank you!
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