The current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
Reason:
1. Long base with volume accumulated.
2. Consolidation end with low volume.
3. Slowly improving earnings (endemic phase).
Target: Around 3.80 - 4.00
Stop Loss: Around 3.25
Disclaimer:
For discussion and sharing purpose only. NOT entry recommendation. Trade at your own risk.
#TAYOR
