The weekly chart shows a FALSE BEAR FLAG which usually suggest that once the channel is broken upwards, a sharp move will occur.
The resistance is around $ 1,110 and the objective of the break will be $ 1,250. The lower side of the channel is $ 830.
Medium-term I suggest buying $ 950-1,050 for the profit objective of $ 1,250.00.
Stop loss perhaps a financial one.
The resistance is around $ 1,110 and the objective of the break will be $ 1,250. The lower side of the channel is $ 830.
Medium-term I suggest buying $ 950-1,050 for the profit objective of $ 1,250.00.
Stop loss perhaps a financial one.