POG ... Update to LT chart posted abt 5 weeks ago ... Still...

POG ... Update to LT chart posted abt 5 weeks ago ... Still looking very good HOWEVER the strong resistance looms around ~$1350 being my neckline of potential H n S's Bottom. A break above there opens up the pattern potential of ~ $1675. I do like the (slow) MACD plus the fact that POG's SP has broken the LT(red) down trendlines.



A "Close_Up" of the same chart indicates my 1st objective(FIB 323.6% level) @ $1388 once we clear $1350's. Note also that all MA's are on the rise; we had a +Ve crossover of the fast 8EMA and 21EMA in late Dec and we now look certain to have a +Ve crossover of the 21EMA and 89EMA very soon.



Hi @snout ... I also think WAF is a "goer" as well ... entered her early this week for my 1st Tranche. She has been building up lovely +Ve divergence(orange TL's) on my 3 timeframe CCI's and bounced nicely of its 61.8% retrace. All she needs to do is break above the (red)DTL and consolidate there and/or break above the 50CCI 0% level and DTL..... me thinks ... for 2nd Tranche entry point.