The price has shot up and reached our profit target perfectly from yesterday. We now look to continue to buy above 84.53 support (Fibonacci retracement, horizontal pullback support) for a further push up to 85.75 resistance (Fibonacci retracement).
Stochastic (55,5,3) is still bouncing up nicely from our 7% support and also displays strong bullish divergence potential for a further rise.
Buy above 84.53. Stop loss is at 83.90. Take profit is at 85.75.
