Sitting just under resistance of 38.25 , this is bouncing between moving averages and playing out this pennant which is reaching the apex and should break out soon.
The 50 day is acting as support with the 99day being attacked twice and this time should be reclaimed.
The 200 day shall be taken out along with a break upwards of the pennant and the retest would be a good opportunity to buy if you're money is blocked else where at present.
36.25 it may dip to 33.90 SL which is just below the red line of the pennant.
Targets on the chart 46 as mentioned earlier is key which i believe will be taken down pretty qucik:)
The 50 day is acting as support with the 99day being attacked twice and this time should be reclaimed.
The 200 day shall be taken out along with a break upwards of the pennant and the retest would be a good opportunity to buy if you're money is blocked else where at present.
36.25 it may dip to 33.90 SL which is just below the red line of the pennant.
Targets on the chart 46 as mentioned earlier is key which i believe will be taken down pretty qucik:)