A price action above 8550 supports a bullish trend direction. Crossing below this level will be the first sign of some weakness.
Increase long exposure for a break above 8710.
The target price is set at 8960 (its 38.2% Fibonacci retracement level).
Might see an overshoot to its 200-day simple moving average.
The target price is set at 8300.
Remains a risky trade.
Increase long exposure for a break above 8710.
The target price is set at 8960 (its 38.2% Fibonacci retracement level).
Might see an overshoot to its 200-day simple moving average.
The target price is set at 8300.
Remains a risky trade.