Technicals
Trend : While the daily chart is unmistakingly in a downtrend, the weekly looks more like a massive correction. However the uptrend that began in early 2023 has clearly been broken.
Price Action : Last week showed some bullishness, with a bounce from the 2020 shoulder support level and and a break above the falling wedge on the daily. Altogether...
Waiting for a pullback. Looking for entries between 2.90 and 2.40.
Trend
Broke out of its base, trading in a confirmed uptrend near its 52-week high.
Price Action
Strong upmove but, with notable regression from recent highs.
Momentum
Very high, rising.
Volatility
High, rising
Volume
Very high
