Graph "XO" of step 100/3:
On the senior chart, we observe an exclusively upward trend.
Shares are traded in an upward wave of the uptrend, which indicates the strength of buyers.
The relative strength index is in column "X", which also speaks of bull pressure.
Overcoming the resistance level of 19.5 gave a strong signal to buy, thereby changing the main trend to a rising trend.
The initial target for buyers is the mark of 23, when approaching it is recommended to close 1/2 of the total volume of long positions.
The main target will be the resistance zone in the area of 26.
The point of protective suspension is the minimum fluctuation of 17.
Trading recommendations:
Today, only purchases are recommended.
