1. Uptrend Started in Mid September after a long Divergence. 2. Price have made series of Higher Highs and Higher Low since then. 3. MACD continues to shows Bullish Trend and Momentum have picked up recently. 4. There has been Volume Spikes twice recently at the level of 4000 acting as Strong Support 5. Formation of Dragon0-Fly Doji give Further conformation of the Reversal 6. Based on the Above Evidence Target is 20% from Current Levels.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.