Should we buy into strength in Britannia ?
On the Weekly chart, there is a bullish divergence and the RSI has broken the high between the two ends of the divergence. Furthermore, price has reached a 52- W high, and has crossed its resistance. We ought to wait for a strong close, and then a pullback. At least that's when I would enter.
Disclaimer
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.