The macro structure is bullish from Dec'22 low with important price zones at: 198-217, 227-260 and 282-322 as inter-mediate and ultimate resistance areas for suggested impulsive structure.
The gap-up set-up on earnings today is in the cards for price to move towards 198-217 area. But if price decides to consolidate more138-128 area should be an important support zone.
If price goes bellow 128 suggested price structure needs to be revised.
Thank you for your attention!
The gap-up set-up on earnings today is in the cards for price to move towards 198-217 area. But if price decides to consolidate more138-128 area should be an important support zone.
If price goes bellow 128 suggested price structure needs to be revised.
Thank you for your attention!
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