A price action above 250 supports a bullish trend direction.
Increase long exposure for a break above 255.
The first target price is set at 262 (at its 61.8% Fibonacci retracement.
The second target price is set at 281.
The stop-loss price is set at 244.00
Recently crossed above its 200-day simple moving average.
The MACD bullish crossover (see the lower panel) supports a change in trend direction to bullish.
Increase long exposure for a break above 255.
The first target price is set at 262 (at its 61.8% Fibonacci retracement.
The second target price is set at 281.
The stop-loss price is set at 244.00
Recently crossed above its 200-day simple moving average.
The MACD bullish crossover (see the lower panel) supports a change in trend direction to bullish.