Loading ...HUI lines-
HUI 210 was a pivot I thought would be a zone of resistance. (Trader Dan pointed to this one too recently). Pull back should be mild towards the 180 zone? Lot’s of support there with various breakout lines, moving averages coming up, etc. Would be nice to see a right shoulder consolidate around that zone for a few weeks.
Weekly-
Daily-
Possible scenario on an inverse H&S set up. (Please happen! I would like an entry)
Nice charts. I’m looking for just a week or MAYBE 2 of consolidation at best before we head to 250/260. Then a larger consolidation. But I bet even that consolidation won’t be especially deep or easily buyable. It could be surprisingly shallow as well.
The longer term fib chats show 227 as the 23.6% line. So this has not even run to that line yet. I could see a small pullback to 190, the bounce to 230, etc.
Nice work Silverhawk
and again welcome to The Tent
Park your Camel and stay a while
🙂
many are looking for the “gentleman’s entry”…so join the queue.