Schedule "XO" step 100/3:
On the senior chart, we observe an exclusively upward trend.
The shares are traded in a downward wave of the uptrend, which is due to a false overcoming of the support level of 60.
The relative strength index is in the "X" column, which indicates the strength of the buyers.
Continuation of the upward movement and overcoming the resistance level of 65 will give a signal of double top to purchase.
The original target for buyers will be the mark of 68, with the approach to which it is recommended to close 1/2 of the total volume of long positions.
The main target will be the zone of resistance in the area of 72.
The point of protective suspension is the minimum fluctuation of 58.
Trading recommendations:
Today, purchases are recommended only after overcoming the resistance level of 65.
