A bullish trend is applicable and the ideal long entry is around 385.
Increase exposure for a break above 401.
The profit target is set at 414.
Stop-loss is set at 377.
Remains above its 200-day simple moving average - supporting a bullish trend direction.
Fading downside price momentum also supports the bullish trend (see the lower panel).
Increase exposure for a break above 401.
The profit target is set at 414.
Stop-loss is set at 377.
Remains above its 200-day simple moving average - supporting a bullish trend direction.
Fading downside price momentum also supports the bullish trend (see the lower panel).