The market is going to continue the uptrend. The price bounced from the support zone formed by the levels and SMA100. RSI confirmed price reversal. MACD supports upward movement. Pending orders for buy can be placed at 27.10 level with stop orders at 21.80 level. Profit targets are 31.00 and 35.00 levels.
How does the RSI confirm price reversal beyond the point where the RSI is 66.7? (which was when you published this chart)
I get that it was undersold, but it already recovered it seems.
Woolhead
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@Woolhead, I really want to learn, can you please explain it to me Dlavrov?
CheaperthanBr
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Thank you, Dmitriy!! You are the grate man! Bless you!