TED break and retouch of 200 EMA.

2021년 8월 28일

Following a break of the medium term downtrend (from recent peak), last week saw the break of the 50 and 200EMA, then 2 days ago a small sell off and retouch of both, followed by a reversal suggesting a continuation of the recent new uptrend.

MACD still positive and RSI still rising on the daily chart.

Position ahead of trading statement on 7 Sept, which follows other's in the sector which have posted signs of positive post covid turnarounds.