Looking at the chart, it is a 3 months up, then 3 months down followed by downtrend till now.....
It has just broken out of the bearish trend line and let's be a little patient as it is going to pull back to 13.50 -13.00 (support). If this support holds, then we can initiate a buy else we wait some more to see if it falls through to the next level of support at 11.88.
As usual, we want to buy low , sell higher and ride the bullish trend up. That way, you buy once and hold for a longer period of time and then sell at maximum profits .
Note
we added long today , praise lord for helping us to get at a much lower price
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