Price could rThe price has recently tested and breached the EMA50, indicating a potential for upward movement. The signal from the indicators further supports the likelihood of a short-term uptrend. Traders are advised to conduct a thorough risk assessment to make informed decisions
Main Focus in the chart:
1. Trade Reversal using Moving Average and Trendline
2. How to detect successful Support
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock