Well supported above the blue box accumulation phase.
Mark-up phase has started above the US$57 level. We may expect the uptrend to continue with buying interest picking up over the near term.
Target: US$61.76, US%64.00, US$66.83.
Support: US$55.80.
Target: US$61.76, US%64.00, US$66.83.
Support: US$55.80.
Comment:
Buying interest is in, heading for our anticipated target of US$61.76.