Two indications for bullish move to 295:
1. 278/0.5 Fib of retrace was playing fulcrum last week for price movement. Friday action looks like it settled it.
2. Hourly PSAR broke to upside price movement.
Caveat emptor and good luck!
1. 278/0.5 Fib of retrace was playing fulcrum last week for price movement. Friday action looks like it settled it.
2. Hourly PSAR broke to upside price movement.
Caveat emptor and good luck!
Comment:
Next key point of contention would be 288. Been there last week where it was rejected. There is more conviction now in the next attempt given that we have melted up from 273 to 283 for 4 days.
Trade closed: target reached:
Up, up and away. I think this train stops at the SMA200 and the gap at 300.01 or higher.