Based on Technical Analysis, the idea is to hold for now before going long following the major trend.
If the resistance level of 360 will be broken it might be the right signal to go long.
If the resistance level will not be broken just Hold.
The idea to go short is too risky and to early to invest in the opposite direction of the major trend.
If the resistance level of 360 will be broken it might be the right signal to go long.
If the resistance level will not be broken just Hold.
The idea to go short is too risky and to early to invest in the opposite direction of the major trend.