Weekly chart with a large downtrend getting ready to break out on $O. MACD has crossed and all VWAPs and EMA cloud are supporting price. Only a matter of time. in my opinion
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Feels like the pressure is building up on this one.注释
Emerging out of the downtrend.注释
Peeked its head over then retraced to the trendline. Now we get to see if this is a touch and go or a full failed breakout. IMO, the volume profile suggests that this is a touch and go due as its going to be hard to break through those price support levels.
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