- The Current Ratio indicator, which is used for quick market sentiment analysis, provides Buy signal at the moment.
- The number of profitable buyers has exceeded 75%. The uptrend is in its active phase. This confirms potential for a Long trade.
- The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
- The idea of this Buy forecast is based on a long-term upntrend, which is confirmed by the MVP indicator dynamics.
- The first target is at the level of the previous peak - 153.25, and the second one, in case of an active price increase, is at the level - 153.55
Chart & Analyst Comments
