A price action above 970 supports a bullish trend direction.
Increase long exposure for a break above 1000.
The first target is at 1020 (78.6% Fibonacci retracement level).
The second target is at 1050.
Stop-loss is at 960.
Testing its 200-day simple moving average, which might act as major support.
Earnings are due on 25 August 2023.
Increase long exposure for a break above 1000.
The first target is at 1020 (78.6% Fibonacci retracement level).
The second target is at 1050.
Stop-loss is at 960.
Testing its 200-day simple moving average, which might act as major support.
Earnings are due on 25 August 2023.