1898 Is looking at a resumption of an uptrend as the double three corrective wave structure is likely to be terminal as both Stochastic Oscillator and 23-period RSI is looking at confirmation of oversold signal. Meanwhile price action shows a complete confirmation of the cup and handle formation. Major uptrend remain intact and breaking above the over head resistance will further confirm the upside.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.