Jun. 1 at 1:43 AM
$XEL on the 8h is coiling up and getting incredibly tight. We are currently wedged right between the ascending support trendline and a heavy wall of overhead resistance. Big move coming soon once this range breaks. 📊
🐂 Bull Key Level: We need to see a clean breakout and hold above
$81.00 to confirm the next leg up.
🐻 Bear Key Level: A breakdown below
$78.00 trendline support confirms the bears are in control for a flush.
#hovdid