Long positions above 27950 with targets at 28500 & 28800 in extension.
Short Term View (Rise, Limited Rise, Consolidation, Limited Decline, Decline) |
Rise |
---|---|
Change In Short Term View | None |
Medium Term View (Bullish, Range, Bearish) |
Bullish |
Change In Medium Term View | None |
Pivot: 27950
Our preference: long positions above 27950 with targets at 28500 & 28800 in extension.
Alternative scenario: below 27950 look for further downside with 27750 & 27455 as targets.
Comment: the RSI is mixed to bullish.
Supports and resistances:
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