Even though we had much lower RSI in the past similarly a gap move down, the pattern currently is an inverted flag pattern (false bear flag) and this suggest we should good pull-back.
No change in view and therefore we BUY @ 185-200 and add BUY @ 170 below now. Profit taking @ 275. The correction will likely be around $ 100 up wards.
No change in view and therefore we BUY @ 185-200 and add BUY @ 170 below now. Profit taking @ 275. The correction will likely be around $ 100 up wards.