In update to my previous post
P/O Divergence in short term overbought condition
Market near previous pivot (4).
It is wise to take profit on half of the long position
According to investing.com, the average of 27 analysts polled in April shows year end target forecast of 13550. Weekly RSI is approaching 60, with the upper weekly bollinger band starting to level off. Technically the chart appears to indicate the price trend is now towards the upper side of the trading range and offering a less attractive 'risk-reward' ratio...
