I do expect a move to the upside toward 5.2-5.5
As we are into currently a cycle, a break upside the 5. area on maintained powered demand would be a good signs that we are leaving the range toward these areas. As for now, the cycle is having accumulation characteristics.
More testing of 4.1 to test more under the range is also a possibility, if more supply start coming in.
Weekly
As we are into currently a cycle, a break upside the 5. area on maintained powered demand would be a good signs that we are leaving the range toward these areas. As for now, the cycle is having accumulation characteristics.
More testing of 4.1 to test more under the range is also a possibility, if more supply start coming in.
Weekly
Trade closed: target reached