Open trading account
The title already tells a lot about this analysis, but let's see it in details:
In this above weekly chart we see how price built a strong uptrend started last year in April 2013, and used twice as important support. Last bounce was not enough to reach new highs, showing weakness when approaching the resistance areas in 144s. Clearly momentum has changed and this is a good time to watch for lower levels:
On a closer look in daily chart, we see how the breakout came with important strength. Neare…
In this above weekly chart we see how price built a strong uptrend started last year in April 2013, and used twice as important support. Last bounce was not enough to reach new highs, showing weakness when approaching the resistance areas in 144s. Clearly momentum has changed and this is a good time to watch for lower levels:
On a closer look in daily chart, we see how the breakout came with important strength. Neare…