A bullish reverse Head and Shoulders has formed. Bespoke support is located at 72.25. Positive overnight flows lead to an expectation of a firm open this morning. Dips continue to attract buyers. Further upside is expected although we prefer to set longs at our bespoke support levels at 72.25, resulting in improved risk/reward.
We look to Buy at 72.25 Stop: 71.95 Trget 1: 73.15 Target 2: 73.55