Providing we don’t make any lower lows on the weekly time frame and preferably stay above resistance, last seen in August 2004, this could potentially be the place to buy and hold for the medium to long term.
The next level to watch out for to the upside comes in at 37.71, stronger resistance at 41.47 closing the gap. Above that 48.11 then 38.2 fib level at 52.94.
The next level to watch out for to the upside comes in at 37.71, stronger resistance at 41.47 closing the gap. Above that 48.11 then 38.2 fib level at 52.94.
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