Local "U-Turn"
Price is close to 3 strong resistances:
- the low (88.47) of the sub-wave " i " of the diagonal tringle wave "C" (19 Jun '12 - 19 Jan '16);
- two upper resistances in ascending trading channels (blue and grey lines).
Besides RSI is at overbought 79 level. Thus, waiting a local correction in a couple days..
- the low (88.47) of the sub-wave " i " of the diagonal tringle wave "C" (19 Jun '12 - 19 Jan '16);
- two upper resistances in ascending trading channels (blue and grey lines).
Besides RSI is at overbought 79 level. Thus, waiting a local correction in a couple days..
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