pgaccording to options contracts open on the level 78 (among which we are also close to a support) sugerisce that there are strong PURCHASE and prices with great probability can arrive up to the resistance area 82.50/82.60Longby serpico.salvatore220
Short but be cautious.I took a little short position of this washing powder company. But one shall be coutious as we held above the 256 MA and bounced off from the Donchian Channel low. But I consider the test of this important MA as a warning signal that it can finally be broken. The rate could not leave the downward cannel and could not get above the EMA 20. Let's watch how it behaves for the rest of the day to decide whether to increase the position or leave it at this size. Shortby motleifaul2