A price action above 188.00 supports a bullish price action.
Crossing below this level will negate the bullish stance.
Increase long exposure for a break above 194.00.
The target price is set at 200.00.
The stop-loss price is set at 184.00.
Testing its 200-day simple moving average, which might act as major support.
Bullsh divergence is also notable (see the lower panel).
Crossing below this level will negate the bullish stance.
Increase long exposure for a break above 194.00.
The target price is set at 200.00.
The stop-loss price is set at 184.00.
Testing its 200-day simple moving average, which might act as major support.
Bullsh divergence is also notable (see the lower panel).