Hey guys,
Yearly chart: Bullish Eng.
--> Strong Resistance at 449 and 522
--> This is the first point where some Profit taking could come.
Quarterly: Bullish - although gains are weak compared to the months before.
Monthly: Bullish Candle
--> Stochastic bearish Divergence
--> Bullish Trendline intact
3D: Ascending Triangle Formation
--> break above would be extremely bullish because Bears are meant to take over.
Target Bulls: 485 - 582
Target bears: 410 - 388
Thanks for reading…
Yearly chart: Bullish Eng.
--> Strong Resistance at 449 and 522
--> This is the first point where some Profit taking could come.
Quarterly: Bullish - although gains are weak compared to the months before.
Monthly: Bullish Candle
--> Stochastic bearish Divergence
--> Bullish Trendline intact
3D: Ascending Triangle Formation
--> break above would be extremely bullish because Bears are meant to take over.
Target Bulls: 485 - 582
Target bears: 410 - 388
Thanks for reading…
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