We have a level tracing back to a major pivot high of 28th March '22, and rising trendline from 14th July '23.
Where these converge formed major resistance which we broke through and confirmed above - it has so far turned into a support level. This is bullish, and there is no obvious resistance before the all-time-high at $24.
However the chart has been...
It broke above the neckline and is now retracing back to "the scene of the crime". If it bounces and confirms above the neckline and then above the peak of the cup, we should be looking at a $4000 target.
