Well we have broken the 9.1k line which is a good sign for continued growth. MACD
has crossed, RSI
is still a little stale. We have a bearish
candle right now but as long as we hold and do not drop below 9.1k again, we will probably see continued, though slow growth. % Day MVA is about to cross the 20 day, MAcd
is slightly up so is RSI
, this may not be a bad time to start buying on the slow uptrend. IF we continue the current pattern we can see small daily gains, though if things go south still have a range to get out. if you buy in now around 9370, i would aim to hold to 11178, maybe taking proft around 10334. Stop loss around 8k.