Mid-line target of $7,200

27 Eyl 2018

We see that the expected trend is continuing. If we can break through the pressure line above, the long space will be opened. We are still optimistic that the $10,000 is not a dream. We will wait for the arrival of $7300 in the short-term. After that, there may be adjustment pressure. The larger solid line of the root entity breaks through the downtrend line.
Operational recommendations: The midline remains bullish, with a take profit of $7,200 or higher and a stop loss at MA6.