The recent break of the 900 historical level high is a good thing, although maintaining the enthusiasm is becoming a problem with the RSI deviating quite strongly as price struggles to make mediocre higher closes. In reality it looks like its running out of steam, added to the equation is that price is higely overextended from its means (trendline and MA's) which...
Theres definitely something worth planning here. BUY ZONE reasons for confluence - Rounding bottom patterm followed by recent new price highs, relatively significant trendline, good pivot zone with 100 round number, RSI over bought and EMA's starting to perform in the right order. Plan of attack - 1. Wait for price to pull back into buy zone - around 100 (good...
it looks stock bottomed out. buy at current level with sl 9.76 invest into commodity.