Midterm forecast: - While the price is above the support 21.45, beginning of uptrend is expected.
- We make sure when the resistance at 56.75 breaks.
- If the support at 21.45 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis: - The RSI resistance #1 at 48 is broken, so the probability of beginning of uptrend is increased.
- A trough is formed in daily chart at 34.25 on 07/06/2020, so more gains to resistance(s) 45.86 and maximum to Major Resistance (56.75) 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 54.
Take Profits: - 45.86
- Support on 08/28/2020
- Support on 08/27/2020
- Support on 08/13/2020
- Support on 08/07/2020
- Support on 08/03/2020
- Support on 07/31/2020
- Support on 07/30/2020
- Support on 07/29/2020
- Support on 07/28/2020
- Resistance on 04/30/2020
- Resistance on 03/09/2020
- Support on 01/24/2020
- Support on 01/23/2020
- Resistance on 11/22/2019
- Support on 10/22/2019
- Support on 10/21/2019
- Support on 09/30/2019
- Support on 09/27/2019
- Support on 09/26/2019
- Support on 03/15/2019
- Support on 03/14/2019
- Support on 03/12/2019
- Support on 03/11/2019
- Support on 03/07/2019
- Resistance on 03/05/2019
- Resistance on 11/08/2018
- Resistance on 11/07/2018
- Resistance on 11/06/2018
- Resistance on 11/05/2018
- Support on 10/10/2018
- Support on 10/08/2018
- Support on 10/04/2018
- Support on 10/03/2018
- Support on 09/27/2018
- Support on 09/24/2018
- Resistance on 09/19/2018
- Resistance on 09/18/2018
- Resistance on 09/13/2018
- Resistance on 09/11/2018
- Resistance on 09/10/2018
- Resistance on 09/07/2018
- Support on 08/30/2018
- Support on 08/28/2018
- Resistance on 08/23/2018
- Resistance on 08/22/2018
- Support on 08/20/2018
- Support on 08/17/2018
- Support on 08/16/2018
- Support on 08/13/2018
- Support on 07/23/2018
- Support on 07/20/2018
- Support on 07/09/2018
- Support on 07/04/2018
- Support on 07/03/2018
- Support on 07/02/2018
- Support on 06/29/2018
- Support on 06/26/2018
- Support on 06/25/2018
- Support on 11/15/2017
- Support on 11/14/2017
- Support on 11/13/2017
- Support on 11/10/2017
- Support on 11/09/2017
- Support on 11/08/2017
- Resistance on 11/06/2017
- Resistance on 11/03/2017
- Resistance on 11/01/2017
- Resistance on 10/31/2017
- Resistance on 10/27/2017
- Resistance on 10/26/2017
- Resistance on 10/25/2017
- Resistance on 10/23/2017
- Support on 10/19/2017
- Support on 10/18/2017
- Resistance on 10/12/2017
- 56.75
- Resistance on 08/19/2020
- Resistance on 11/11/2019
- Resistance on 11/07/2019
- Resistance on 11/06/2019
- Resistance on 11/05/2019
- Support on 08/28/2019
- Support on 04/30/2019
- Support on 04/29/2019
- Resistance on 09/05/2018
- Resistance on 09/04/2018
- Resistance on 08/08/2018
- Support on 08/07/2018
- Support on 07/23/2018
- Support on 07/20/2018
- Support on 07/09/2018
- Support on 07/04/2018
- Support on 07/03/2018
- Support on 07/02/2018
- Support on 06/29/2018
- Support on 06/26/2018
- 65.55
- Support on 02/24/2020
- Support on 02/18/2020
- Resistance on 02/17/2020
- Resistance on 02/07/2020
- Resistance on 02/06/2020
- Resistance on 02/05/2020
- Support on 09/19/2019
- Support on 09/18/2019
- Resistance on 08/27/2019
- Resistance on 08/26/2019
- Resistance on 08/23/2019
- Resistance on 08/22/2019
- Resistance on 08/21/2019
- Support on 08/19/2019
- Support on 08/15/2019
- Support on 08/14/2019
- Support on 07/17/2019
- Support on 07/16/2019
- Resistance on 05/10/2019
- Resistance on 05/09/2019
- Resistance on 05/08/2019
- Resistance on 05/07/2019
- Resistance on 05/01/2019
- Resistance on 04/26/2019
- Resistance on 04/24/2019
- Support on 04/18/2019
- Support on 04/12/2019
- Support on 04/11/2019
- Support on 04/04/2019
- Resistance on 08/06/2018
- Resistance on 08/03/2018
- Resistance on 08/02/2018
- Resistance on 08/01/2018
- Support on 07/30/2018
- Support on 07/23/2018
- Support on 07/20/2018
- Support on 07/17/2018
- Resistance on 07/11/2018
- Resistance on 07/10/2018
- Support on 07/06/2018
- Support on 07/05/2018
- Support on 07/04/2018
- Support on 07/03/2018
- Resistance on 06/29/2018
- Support on 06/25/2018
- Support on 06/12/2018
- Support on 12/01/2017
- Support on 11/30/2017
- Support on 11/29/2017
- 76.07
- Resistance on 02/13/2020
- Support on 08/08/2019
- Support on 08/07/2019
- Support on 07/29/2019
- Support on 07/24/2019
- Support on 07/18/2019
- Support on 07/15/2019
- Support on 05/22/2019
- Support on 05/20/2019
- Resistance on 04/11/2019
- Resistance on 04/10/2019
- Resistance on 04/09/2019
- Resistance on 04/05/2019
- Resistance on 07/25/2018
- Resistance on 07/18/2018
- Support on 06/18/2018
- Support on 06/14/2018
- Support on 06/12/2018
- Support on 06/11/2018
- Support on 05/24/2018
- Support on 12/04/2017
- Resistance on 11/29/2017
- Resistance on 11/28/2017
- 88.85
- Resistance on 08/05/2019
- Resistance on 08/01/2019
- Resistance on 07/19/2019
- Resistance on 07/18/2019
- Support on 07/10/2019
- Support on 06/07/2019
- Support on 05/31/2019
- Resistance on 05/24/2019
- Resistance on 05/16/2019
- Resistance on 05/15/2019
- Resistance on 06/12/2018
- Resistance on 06/11/2018
- Support on 06/07/2018
- Support on 06/06/2018
- Support on 06/05/2018
- Support on 05/29/2018
- Support on 05/28/2018
- Support on 05/24/2018
- Support on 05/23/2018
- Support on 05/18/2018
- Support on 04/18/2018
- Resistance on 04/11/2018
- Support on 04/09/2018
- Support on 04/06/2018
- Support on 04/05/2018
- Support on 04/04/2018
- Support on 04/02/2018
- Support on 03/30/2018
- Support on 03/29/2018
- Support on 02/06/2018
- Support on 02/05/2018
- Support on 02/02/2018
- 104.45
- Resistance on 07/10/2019
- Resistance on 07/03/2019
- Resistance on 07/02/2019
- Resistance on 06/28/2019
- Resistance on 06/07/2019
- Resistance on 05/30/2019
- Resistance on 05/29/2019
- Resistance on 05/28/2019
- Resistance on 05/27/2019
- Resistance on 06/04/2018
- Support on 05/22/2018
- Support on 05/18/2018
- Support on 05/16/2018
- Support on 05/15/2018
- Support on 05/14/2018
- Support on 05/02/2018
- Support on 05/01/2018
- Support on 04/25/2018
- Support on 04/23/2018
- Support on 04/19/2018
- Support on 04/18/2018
- Resistance on 04/17/2018
- Resistance on 04/16/2018
- Resistance on 04/13/2018
- Resistance on 03/29/2018
- Support on 02/07/2018
- Support on 02/01/2018
- Support on 01/17/2018
- Resistance on 12/08/2017
- 125.75
- Support on 05/09/2018
- Support on 05/08/2018
- Support on 05/07/2018
- Support on 05/04/2018
- Support on 03/23/2018
- Support on 03/22/2018
- Resistance on 03/19/2018
- Support on 03/16/2018
- Support on 03/09/2018
- Support on 02/13/2018
- Resistance on 02/09/2018
- Resistance on 02/01/2018
- Support on 01/30/2018
- Support on 01/26/2018
- Support on 01/17/2018
- Support on 01/16/2018
- 193.75
- Support on 01/10/2018
- Support on 01/09/2018
- Support on 01/08/2018
- Support on 01/03/2018
- Resistance on 12/29/2017
- Support on 12/22/2017
- 303.55
Click on the level to view price action history. |