HiAll,
As usual, i will make the explanation simple and easy to understand. Please find below summary of the findings.
1. Diamond formation. A reversal pattern. the price target is at 7880.
2. Bullish Divergent in MACD. this is a good sign to show a uptrend is taking over (until next reversal).
*This TA is for Educational purpose and not a financial advise. If you are happy with my charts and would like to follow more in the future, feel free to follow my profiles.