/biz/ - Business & Finance

>>50438916
Looking at the charts, we can assume that it will continue in the channel. Thus, 132, 133, 134 are very likely to expire OTM. Looking at the last two sessions, they have a strong resistance at 130.50 or so.
On the right, you can see it escaped 2 SDs on the bbands, which should indicate that it is a good time to make an entry (or short), I've seen a few traders on Twatter suggest that trading within a bband is a bad idea. The 9MA (red line) seems like it could pass above the 50MA (yellow). The stoch RSI is embedded for several sessions, which could indicate a trend reversal (eg, it wasn't a one-off breakout).
STC and MACD indicates a strong trend, but it can't continue forever. Ergo, I think this Friday might see it dip below 128, but trend upwards over the next few weeks.