Death cross plotted on daily Friday
Bearish momentum (head & shoulders) on weekly but still within a monthly up channel
Could be a pull back to monthly support trend line @ 74.15
77.44 is the next key support if the break to the down side is to ensue
I suspect chip shortage worsening to be catalyst
Targets 1&2 Likely if neck is breached
Bearish momentum (head & shoulders) on weekly but still within a monthly up channel
Could be a pull back to monthly support trend line @ 74.15
77.44 is the next key support if the break to the down side is to ensue
I suspect chip shortage worsening to be catalyst
Targets 1&2 Likely if neck is breached