Long

Just a guess from a newbie... looks like a curve/cup?

Updated

Just a stab in the dark, so I wouldn't get my hopes up.

Note

We're well outside the lower bounds of the Bollinger Bands. A bounce back up to 7200/7300 - mid-level of the bands is likely.

Note

Also to note, on the daily chart, RSI is currently reading oversold and there is a bullish divergence on the CMF. All signs collaborating an imminent push upwards.

Note

if we drop, but I think the pattern will remain intact. With a long green candle right after the drop creating a V shape:

Note

Black line = target

NTEC

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