“Cape Cal 27 has held its Fibonacci 38.2% support at the round number of $25,000. It has drifted sideways on low volume to mid-range. We expect it to stabilise above the $25,000 support. The structure in the range is generally bullish and will eventually break. On balance, the break should be to the upside and new highs. It must hold above $25,000 to maintain its bullish structure.”
This week’s Technical Analysis Update is ready to view.
Articles
You may also be
interested in
View all
Get in touch
Contact us today to find out how our expert team can support your business