- Double bottom completed over 6.65-6.76 area.
- Nothing in my indicators at moment to suggest a false breakout
- Should trade nicely along AB rising channel
- Bullish crossover in 50/200 day EMAs should continue to support bullish momentum
- Pullback to point C (9.96-10.36 area) may represent a nice buying zone
Looking for target at prior lower high at 15.00...
- Bullish Crossover of 20 and 50 day MA's over the 200 day MA
- Strong break of AB resist line
- Elder Force Index showing a nice build up of bull power
- Break through the 0.382 speed resist arc firms bull bias
Current pullback from 8.20 should represent a nice buying zone in 7.80-7.95 area for upside through point C (8.25) next. This should confirm a base and...
