Midterm forecast: - While the price is above the support 14.350, beginning of uptrend is expected.
- We make sure when the resistance at 15.600 breaks.
- If the support at 14.350 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis: - The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
- A trough is formed in daily chart at 14.74 on 04/23/2019, so more gains to resistance(s) 15.15, 15.30 and maximum to Major Resistance (15.60) is expected.
- Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
- Relative strength index (RSI) is 48.
Take Profits: - 15.15
- Support on 04/10/2019
- Support on 03/15/2019
- Support on 03/01/2019
- Support on 01/22/2019
- Resistance on 12/26/2018
- 15.30
- Resistance on 04/10/2019
- Resistance on 04/09/2019
- Resistance on 04/08/2019
- Resistance on 03/28/2019
- Resistance on 03/15/2019
- Resistance on 03/04/2019
- Support on 01/23/2019
- Resistance on 08/13/2018
- Support on 08/08/2018
- Support on 07/27/2018
- Support on 07/24/2018
- Support on 07/10/2017
- Support on 07/07/2017
- Resistance on 04/07/2016
- Support on 03/14/2016
- Support on 03/08/2016
- Resistance on 03/03/2016
- Resistance on 02/25/2016
- Resistance on 02/24/2016
- Resistance on 02/23/2016
- Support on 02/19/2016
- Support on 02/15/2016
- Resistance on 02/10/2016
- Resistance on 02/09/2016
- Resistance on 11/04/2015
- Support on 11/02/2015
- Resistance on 10/02/2015
- Resistance on 09/18/2015
- Resistance on 09/17/2015
- Resistance on 08/19/2015
- Resistance on 08/10/2015
- Support on 07/14/2015
- Support on 07/13/2015
- Support on 03/11/2015
- Support on 12/01/2014
- Support on 11/14/2014
- Support on 11/07/2014
- Support on 11/06/2014
- Support on 11/05/2014
- 15.60
- Resistance on 03/25/2019
- Resistance on 03/21/2019
- Resistance on 03/01/2019
- Support on 02/15/2019
- Resistance on 01/17/2019
- Resistance on 01/16/2019
- Resistance on 01/11/2019
- Resistance on 01/02/2019
- Resistance on 07/31/2018
- Resistance on 07/26/2018
- Resistance on 07/25/2018
- Resistance on 07/24/2018
- Support on 12/12/2017
- Support on 07/14/2017
- Support on 07/11/2017
- Support on 12/20/2016
- 16.20
- Resistance on 02/27/2019
- Resistance on 02/20/2019
- Resistance on 01/31/2019
- Resistance on 07/09/2018
- Support on 06/26/2018
- Support on 06/21/2018
- Support on 06/20/2018
- Support on 06/19/2018
- Support on 05/16/2018
- Support on 05/15/2018
- Support on 04/30/2018
- Support on 04/05/2018
- Support on 03/29/2018
- Support on 03/19/2018
- Support on 03/16/2018
- Support on 03/01/2018
- Support on 02/09/2018
- Support on 02/08/2018
- Resistance on 12/21/2017
- Resistance on 12/20/2017
- Resistance on 12/19/2017
- Support on 08/08/2017
- Support on 08/07/2017
- Support on 08/04/2017
- Resistance on 07/17/2017
- Resistance on 07/07/2017
- Support on 05/05/2017
- Support on 05/04/2017
- Support on 01/04/2017
- Resistance on 12/30/2016
- Resistance on 12/29/2016
- Support on 12/01/2016
- Support on 11/25/2016
- Support on 11/24/2016
- Support on 11/23/2016
- Resistance on 05/30/2016
- Support on 05/27/2016
- Support on 05/26/2016
- Support on 05/24/2016
- Resistance on 04/14/2016
- Resistance on 04/12/2016
- Resistance on 10/28/2015
- Resistance on 10/15/2015
- Resistance on 10/14/2015
- Resistance on 06/23/2015
- Resistance on 06/22/2015
- Resistance on 06/19/2015
- Resistance on 06/18/2015
- Resistance on 06/17/2015
- Resistance on 06/15/2015
- Support on 05/12/2015
- Support on 05/11/2015
- Support on 05/08/2015
- Support on 05/07/2015
- Support on 04/17/2015
- Support on 04/16/2015
- Support on 04/13/2015
- Resistance on 03/19/2015
- Resistance on 03/06/2015
- Support on 03/04/2015
- Support on 03/03/2015
- Support on 02/24/2015
- Support on 02/23/2015
- Support on 02/20/2015
- Support on 02/18/2015
- Support on 01/09/2015
- Resistance on 01/05/2015
- Resistance on 12/29/2014
- Resistance on 12/26/2014
- Resistance on 12/22/2014
- Resistance on 12/18/2014
- Resistance on 12/16/2014
- Support on 12/08/2014
- Support on 12/05/2014
- Support on 12/03/2014
- Support on 12/02/2014
- Support on 11/27/2014
- Support on 11/21/2014
- Resistance on 11/19/2014
- Resistance on 11/18/2014
- Resistance on 11/04/2014
- Resistance on 11/03/2014
- 17.20
- Resistance on 06/15/2018
- Resistance on 06/14/2018
- Resistance on 04/18/2018
- Resistance on 02/02/2018
- Support on 02/01/2018
- Support on 01/26/2018
- Support on 01/25/2018
- Resistance on 01/17/2018
- Resistance on 01/10/2018
- Resistance on 01/03/2018
- Resistance on 01/02/2018
- Resistance on 11/27/2017
- Resistance on 11/15/2017
- Resistance on 11/08/2017
- Resistance on 11/07/2017
- Resistance on 11/03/2017
- Resistance on 11/02/2017
- Resistance on 11/01/2017
- Resistance on 10/17/2017
- Support on 10/13/2017
- Resistance on 10/11/2017
- Resistance on 10/10/2017
- Resistance on 09/26/2017
- Resistance on 09/25/2017
- Resistance on 09/21/2017
- Resistance on 08/25/2017
- Resistance on 08/18/2017
- Resistance on 08/17/2017
- Resistance on 08/14/2017
- Resistance on 08/11/2017
- Resistance on 08/10/2017
- Resistance on 06/14/2017
- Support on 06/02/2017
- Resistance on 05/24/2017
- Resistance on 05/23/2017
- Resistance on 05/22/2017
- Resistance on 05/01/2017
- Support on 04/27/2017
- Support on 03/17/2017
- Support on 03/16/2017
- Support on 03/08/2017
- Resistance on 01/30/2017
- Resistance on 01/27/2017
- Resistance on 01/24/2017
- Resistance on 01/23/2017
- Resistance on 01/18/2017
- Resistance on 01/17/2017
- Resistance on 12/14/2016
- Resistance on 12/12/2016
- Resistance on 12/08/2016
- Resistance on 12/07/2016
- Support on 11/11/2016
- Support on 10/07/2016
- Support on 10/06/2016
- Support on 06/23/2016
- Support on 06/22/2016
- Support on 06/21/2016
- Support on 05/06/2016
- Support on 05/05/2016
- Support on 05/04/2016
- Support on 04/28/2016
- Resistance on 04/26/2016
- Resistance on 04/22/2016
- Resistance on 04/21/2016
- Resistance on 04/20/2016
- Resistance on 06/01/2015
- Resistance on 05/13/2015
- Resistance on 04/06/2015
- Resistance on 03/27/2015
- Resistance on 03/26/2015
- Resistance on 02/09/2015
- Support on 02/05/2015
- Support on 02/04/2015
- Resistance on 01/15/2015
- Resistance on 01/13/2015
- Resistance on 12/12/2014
- Resistance on 12/11/2014
- Resistance on 12/10/2014
- Resistance on 12/09/2014
- Resistance on 10/30/2014
- Resistance on 10/29/2014
- Support on 10/17/2014
- Support on 10/16/2014
- Support on 10/15/2014
- Resistance on 10/03/2014
- Resistance on 10/02/2014
- Resistance on 10/01/2014
- 18.10
- Resistance on 09/08/2017
- Resistance on 09/07/2017
Click on the level to view price action history. |