1) Daily has broken above 20 and 50 SMA, key levels traders trade.
2) MACD recent Zero Line crossover
3) Clear MACD bullish divergence leading up to 2). Lower low formed on 20th June but higher low on MACD line
3) RSI is healthy, not overbought.
In light of the above, odds of a sharp bullish move upwards are high IMO. I watch with interest.
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29 | 228454 | 3.800 |
11 | 419019 | 3.790 |
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12 | 201900 | 3.770 |
Price($) | Vol. | No. |
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