The Bull case has been building , there is a notable swing in sentiment amongst some quite resolute bears, todays successful flight was a huge relief to long term bag holders, although details are limited. In my opinion $173 is a very significant level to break, where we have the sloping channel and overall Fibonacci .236 retracement resistance. The next level to watch is $187 - $192 where previous rallies have found a major roadblock. Lets hope for the industry we see the $200 level in the weeks to come. Will be on looking for large spike in volume to give the green flag.
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