is trading within a Channel Up on the 1D chart (overbought RSI
= 75.715, MACD
= 9999.000, ADX
= 38.918), since the late March bottom. The price is pulling back slowly off the Higher High trend-line of the Channel Up, with both the MACD
, waving bearish
flags. The most optimal buy entry has been below the 1D MA50, so we advise long-term investors to exercise a two tier entry, one on the 1D MA50 and the other on the Higher Low trend-line. Once the bottom is made calculate roughly a +20% rise as your target.
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