BUY ZONE for 1240 target area

We have reached possible buy zone for Palladium which is supported by 50 SMA on daily. There are interesting divergences through all timeframes. It is a little risky to buy here as we are currently below the trendline and we might be heading much lower to 1000 levels if we do not hold 50 SMA but from long term perspective it does not play a signifficant role if this turns bullish. Tight stops for now. Target in 1240 area.