Trading suggestion:

• By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

Midterm forecast:

• While the price is below the resistance 168.420, beginning of downtrend is expected.
• We make sure when the support at 152.847 breaks.
• If the resistance at 168.420 is broken, the short-term forecast -beginning of downtrend- will be invalid.

Technical analysis:

• A peak is formed in daily chart at 161.845 on 05/17/2022, so more losses to support(s) 158.094, 155.655 and minimum to Major Support (152.847) is expected.
• Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
• Relative strength index (RSI) is 48.

Supports and Resistances:

1. 168.420
2. 162.450
3. 158.094
4. 150.982
5. 148.662