broke the last medium term Resistance at 1,300 on 1D. This has set the monthly chart ( RSI
= 55.600, MACD
= 3.510, Highs/Lows = 3.7657, B/BP = 64.6600) on a bullish
course to test the last sell MA, which is the SMA100 = 1,355. 1D remains a standard uptrend, resembling a Channel Up ( RSI
= 64.882, MACD
= 7.900, Highs/Lows = 8.9765), clearly supported on Higher Lows (blue dashed line). The immediate TP is 1,325, with the ultimate target being the multi year Rejection zone of 1,355 - 1,365, which has been rejecting any upside break out possibility since 2014.
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