After the sharp move up, price pulled back and slipped back into the channel. It touched the short-term trend support line and bounced. I added a small position around $418. Price is now attempting to break through the weak resistance around $436.
Trading
5/11/2026
After the sharp move up, price pulled back and slipped back into the channel. It touched the short-term trend support line and bounced. I added a small position around $418. Price is now attempting to break through the weak resistance around $436.