This counter is attracting interest among punters and traders. Note that quarterly momentum is unable to turn up and appears to be under pressure. However, ADX has turned up from a low level and the DIs are positively placed. The moving averages are positively placed as well.
Prices are likely to move up, at least to resistance at $1.40. They could even attempt to break out of this level. If this materialises, a measuring objective of $1.60 is indicated. Support is at $1.26.
Prices are likely to move up, at least to resistance at $1.40. They could even attempt to break out of this level. If this materialises, a measuring objective of $1.60 is indicated. Support is at $1.26.
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