This is not Financial Advise.
I am not a financial advisor and the chart presented should not be taken as financial advise.
Breaking a out of the descending pattern bouncing off a Strong Support Line, we have 3 Targets ahead. T1 may see some week resistance. Expect a bounce or 2 before moving on the T2. This level must be watched carefully as this is a potential SELL AREA. If the bulls can't break T2 and establish some support, consider exiting and re-entering after a retracement. If the Bulls can push through T2 look for T3 as our next target, and we will update from there.
I am not a financial advisor and the chart presented should not be taken as financial advise.
Breaking a out of the descending pattern bouncing off a Strong Support Line, we have 3 Targets ahead. T1 may see some week resistance. Expect a bounce or 2 before moving on the T2. This level must be watched carefully as this is a potential SELL AREA. If the bulls can't break T2 and establish some support, consider exiting and re-entering after a retracement. If the Bulls can push through T2 look for T3 as our next target, and we will update from there.