Down Trend is broken; 50 days moving average crossed above 200 days moving average; Oscillator bottoming around 40% on dips (bullish sign); Resistance (s): 116.90 – 119.7 – 123.3 – 126.25; Support(s) : 112.5 – 110;
Trading implications:
*Buy at market open (last close: 114.61); Target (s): 123.30 – 126.25 – 134.25; Stop on a 2 days close below 112.5 or a 2% intra day break below it being 110.25;