So we have a new ATH in a pre-market session but price moved quickly away from it, price will revisit that area but doesn’t have to be soon. We have trendline support below and a decent base being built above 511. Most likely price will move into the 512-513.30 area to attract more buyers before moving higher. Our 5-day POC is 514.63 and 10-day POC is 512.81 and these two areas will be the price magnet.

1) Price consolidates 512-513.30
2) Above 513.30 target 514.50, 516 monitor for continuation to test 518.32
3) If price slips below 512 target 511, 519.59, 508

William Wallace