Looking for a reversal within the next 24 hrs. If sustained could ignite longer up-trend. A suitable profit target can be ascertained by measuring the distance between the bottom of the head and the neckline of the pattern and using that same distance to project how far price may move in the direction of the breakout. Happy Trading
Several upward trends suggest the short term downtrend is about to come to an end. RSI, volume, and MACD are all in the right range. Remember- The biggest trend always prevails. -Happy trading ;)
Good volume and holding trendline. Historically theres little resistance between 90-225. Happy Trading :)
Moving average is about to cross. Stoch RSI is low(oversold). MACD is low and can crossover. close to bottom of trendline. Target 1: 4460 Target 2: 5300 Target 3: 6400 Happy Trading :)