It looks like a breakout is about to happen.
The overall picture looks bullish.
We got above the P-Pivot point, also reclaimed the 20 EMA once again.
As for the indicators; RSI and MACD indicate more upward movement.
The only concern is that the price is stuck between the 2 EMAs.
We have to get above the other one as well, with high volume!
Short term price target: 23,49
Support: 21,16
The overall picture looks bullish.
We got above the P-Pivot point, also reclaimed the 20 EMA once again.
As for the indicators; RSI and MACD indicate more upward movement.
The only concern is that the price is stuck between the 2 EMAs.
We have to get above the other one as well, with high volume!
Short term price target: 23,49
Support: 21,16
