MIN chart, page-1620

Let me have a try at that question.
I dont think it will break 27 this week.
the MACD just crossed 0.00 from negative and travelling at +0.20 daily last 2 days
the RSI is now 59.29 & slowed from 11 to 2 to 3 change rate today, so its momentum has slowed
the last time we saw this RSI it was at 22.50 21.00 37.00 and the prior time was a break to a 73 peak when it hit 2700 twice
I expect the MACD to slow also from +0.20 to +0.07/-0.10 also

I think we will see some tame, red and neutral candles with long ends as the traders and shorts go up and down the lines. Yes the TA is GREEN but its petering out again at the 100DMA

Barchart saying its a HOLD ST but with a BUY trend at average strength but strengthening yet the 20-100dma are still showing sell & weak -

Barchart Opinion - Indicator

	Column 1	Column 2	Column 3	Column 4	Column 5
0	Composite Indicator	Signal	Strength	Direction
1		Trend Seeker®	Buy	Average	Strongest
2	Short Term Indicators
3		20 Day Moving Average	Buy	Weak	Strongest
4		20 - 50 Day MA Crossover	Buy	Soft	Strongest
5		20 - 100 Day MA Crossover	Sell	Weak	Weakest
6		20 - 200 Day MA Crossover	Sell	Soft	Weakest
7	20 - Day Average Volume: 3,170,869	Average: Hold

This means that as @slick said the TA is limited by the MACD weakness & 100DMA resistance.

the shipping will be a sideshow to the technicals here I think.

That 100DMA is a serious RESISTANCE POINT, now tested 4 times and held it down.
The robots can see it and bounce off it like a wall
the SHORT positions have INCREASED, they are waiting for the tops & weakness or IOP drop to smash us down 200c again.
Yet the TA such as the BB RSI MACDs EMAs has gone GREEN again and pivoted to a positive MACD cross yet it couldnt hold these daily highs today.

The only way to smash this 100DMA resistance is either a surprise IOP surge, guidance upgrade with mass INSTO volume buying
This 4 day rebound 1850-2500 has been a total surprise after that 2700 couldnt break
Yet BEAR SEASON is coming June to October so the bullish sentiment is NOT reliable

When you think it will go up the SHORTs & robots will likely make it go down.
I think it will zigzag 21- 26 with long trading ends between the 50dma & 100dma for a while till the QR4 sales figures are produced end July.

Being realistic so I will stay neutral here till its ready to run strong again.