Price may be on a recovering position after the correction phase since last year October.
Price may be revisiting the resistance of US$111.91 and US$118.16 (SMA200).
Support will be set around US$106.58, followed by US$103.98
As the price is revisiting the US$18.76 resistance, we may expect a short term pullback.
However, overall trend can be considered as positive. We may look for opportunity around the US$17-US$18 levels for accumulation.
Target: US$21.40-22.40, US$26.15-US$28.58.