It is simple to find from the Chart:
$53.5 +/- (MA5) is supporting temporary
$55.5 +/- (MA10) is 1st resistant after sell off since last week
If the prediction is correct, it may have one Push Up to $56.5 (+/-) in the coming due to the Sell Force & Volume are decreasing / reducing
Buy in Volume is slightly higher than even the uncertain status in the past of 2 days
Slightly buy in: Can consider
Set the Cut Off is important; otherwise, hold small volume and wait for the TP at $57.5 +/- 0.5 (5% profit approx.) is alright.. the concern is profit margin is a bit low but chance is high
Remarks
- Strongly advise: Self Study, Analysis & Judgement before any emotional action
Thanks for reading and Welcome to Share (No Right or Wrong)
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