it has multiple resistance/support points on weekly chart at 300. breakout at this level will give potential to reach 390-400 levels. watch-out for breakout on daily chart at 300.
it is trading in a ascending channel, after making a recent high near 300 it has retraced to 220 levels and again moving towards 300 level.
RSI is inch closure to 60 level on daily chart
RSI is at 62 on weekly scale, indicating good momentum, it made high of 70 followed by retesting 60 level.
it is trading in a ascending channel, after making a recent high near 300 it has retraced to 220 levels and again moving towards 300 level.
RSI is inch closure to 60 level on daily chart
RSI is at 62 on weekly scale, indicating good momentum, it made high of 70 followed by retesting 60 level.