HI guys,
First of all, this is my first publication, hope you will like it (even if it is not as detailled as some other).
In the short term, if we broke the small channel of end of avril (thin lines).
We are still inside the long one (since beginning of april).
For the time beeing I think we can expect moderate advancing and do a bit of easy channel trading.
Target: 244 for the next advancement period and 250 for the second.
Arternative scenario : we can not advance up to the MA 200 (blue line) and break this channel then we can expect to touch the old resistance line of the last bear period of march (dotted line), that would serve as a support.
Target 210-220.
Have a good day all !
First of all, this is my first publication, hope you will like it (even if it is not as detailled as some other).
In the short term, if we broke the small channel of end of avril (thin lines).
We are still inside the long one (since beginning of april).
For the time beeing I think we can expect moderate advancing and do a bit of easy channel trading.
Target: 244 for the next advancement period and 250 for the second.
Arternative scenario : we can not advance up to the MA 200 (blue line) and break this channel then we can expect to touch the old resistance line of the last bear period of march (dotted line), that would serve as a support.
Target 210-220.
Have a good day all !