Open Interest - Long: 1.12 Days Open Interest - Short: 1.33 Days RSI: Hidden Bullish (1D) OBV: Rising VOL: Flat
Price Action: After spending the last 48 hours eating into the top of the channel; there has been a reasonable pull back. The moving averages are a relative distance below (closest is $53), so the logical approach favors the short side right now - look for positions in the $61-$63 range; but be willing to hold through to $71 with the 52w MA being the stop loss.