Technical Analysis Blog | PUG Stock Market Analysis, LLC

PUG Stock Market Analysis is here to help with Gold technical analysis, stock analysis and more. Read our technical analysis blog to learn more today.

January 24th, 2017: BIB 60-min Chart Update

Posted by pugsma on January 24, 2017

11:50 pm EST:  BIB price came up just a little short of the triangle target of 47.68 hitting 46.64.  Now BIB price has retraced 88% back to 40.22 at the lower end of the yellow triangle.   If BIB price holds above 39.48, then there will continue to be a set of higher lows and there is potential for another push higher to 43.25 and possibly 49.35.  If the 39.48 price is broken, then there is the potential for re-test of the 35.00 low.

BIB 60-min chart:

pug-bib-60-min-1-24-17

 

Sorry, the comment form is closed at this time.

 
%d bloggers like this: