Upper Fibonacci levels hold during today's session. Getting out of the Bollinger Band Squeeze with the upper band force (out of price consolidation). This could easily see the $62-$63 levels pretty soon (Ceteris Paribus). RSI in the 50's, $61 the next spot 50SMA. Look for the $59.61 breakout.
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Watch for Monday session, this formation is very tricky in candlesricks, seen it before. The most recent formation I witnessed was in KEM June 6, 7, 8 & 9, however KEM lost the Upper Band force due to the Tech Flush on Friday June 9 (Look at NVDA, AAPL or AKAM) many investors got out of the positions when the approaching 'Death Cross' was confirmed during the day, remember anything could happen*
"Learn how to cut your losses short and let your profits run."
Opens Lower, it will test $60 price before it goes for the break of $61.36 then $62-$63.
*Watch the consumer goods sector performance for guidance
"Learn how to cut your losses short and let your profits run."
Opens Lower, it will test $60 price before it goes for the break of $61.36 then $62-$63.
*Watch the consumer goods sector performance for guidance