A cup and handle pattern is about to form. However the alligator's lip-teeth-jaw are coming closer and coming flattish slowly. That's a concern. Also there is no upsurge of the volume.
If it breakout the neckline of 5450, it may go up.
On the other hand, a breakdown below 5200 can pull it down further.
If it breakout the neckline of 5450, it may go up.
On the other hand, a breakdown below 5200 can pull it down further.