Analysis and Forecast:
Trend Analysis:
The chart shows an upward trend within a channel.
The price has recently pulled back to the channel's support line.
Entry and Exit Levels:
Long Entry (Buy): If the price holds above the support around $634.34, a buy entry can be considered.
Target: $701.47
Stop-Loss: $596.73
Supports and Resistances:
Important support at $634.34.
Nearby resistance at $701.47.
Indicators:
Oscillator, RSI, and Stochastic indicate that the price is in a possible bullish reversal zone.
Considerations:
Long (Buy): If the price holds above $634.34, the expectation is for the continuation of the upward trend.
Short (Sell): If the price falls below $634.34, a sell entry can be considered, targeting lower supports.
Disclaimer:
This analysis does not constitute financial advice. Do your own research before investing.
Trend Analysis:
The chart shows an upward trend within a channel.
The price has recently pulled back to the channel's support line.
Entry and Exit Levels:
Long Entry (Buy): If the price holds above the support around $634.34, a buy entry can be considered.
Target: $701.47
Stop-Loss: $596.73
Supports and Resistances:
Important support at $634.34.
Nearby resistance at $701.47.
Indicators:
Oscillator, RSI, and Stochastic indicate that the price is in a possible bullish reversal zone.
Considerations:
Long (Buy): If the price holds above $634.34, the expectation is for the continuation of the upward trend.
Short (Sell): If the price falls below $634.34, a sell entry can be considered, targeting lower supports.
Disclaimer:
This analysis does not constitute financial advice. Do your own research before investing.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.