SMI is about to flip positive after a day and half of heavy selling.
Double bounce off the 50 fib.
Confirming breakout continuation trend @ price target 74.
Recommend: Buy @ 74
Stop loss @ 73.50
Double bounce off the 50 fib.
Confirming breakout continuation trend @ price target 74.
Recommend: Buy @ 74
Stop loss @ 73.50
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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.