THURSDAY
27-JUN
Price reached the first resistance level inside the HTF range y'day and reacted.
The $358 level was a previous S/R, with price unable to close above it multiple times on the weekly chart during the 2017 accumulation.
It also provided support during the first down wave of the bear market.
Today, price took out the last two days' lows and looks like the next target is MON low.
If price resumes the rally, the upside target would be Y high.
However, it could turn out that this is the near term high as sellers may be stepping in above $330, which is y'day's closing price.