144EMA = Resistance
200EMA and 200MA = Support
Stochastic is Oversold which means bears are tired
We are making Higher Highs and Higher Lows
We are in an ascending channel which is being respected, the white dotted diagonal line is resistance, within 33 days I am expecting a move.
Bullish move would be getting above the 144EMA and making a higher high in the channel
Bearish scenario is if we loose the 200 MA and green support line in channel
200EMA and 200MA = Support
Stochastic is Oversold which means bears are tired
We are making Higher Highs and Higher Lows
We are in an ascending channel which is being respected, the white dotted diagonal line is resistance, within 33 days I am expecting a move.
Bullish move would be getting above the 144EMA and making a higher high in the channel
Bearish scenario is if we loose the 200 MA and green support line in channel
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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.