If I tune out all the noise and simply pull out the chart, the chart is telling me to buy strength. I like that price is above all major moving averages and is flagging right near resistance. This, my friends, is a recipe for “BTFO!”
You must admit, the chart looks pretty bullish, no? I understand things can change at the drop of a dime, but for now, and until further notice, the chart still says long– especially above the 200 day moving average.
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