After nearly 4 months of consolidation we have noticed very nice spikes of volume that pushed the price considerably.
The price has tested the failing trend line which is the major resistance for now.
It was rejected at the moment but the very good news is that the price remains above the 200MA which is a bullish sign.
We will probably see another test of this area in shor of time.
The price has tested the failing trend line which is the major resistance for now.
It was rejected at the moment but the very good news is that the price remains above the 200MA which is a bullish sign.
We will probably see another test of this area in shor of time.