Price was in a downtrend, however it has given a breakout from the descending trendline and bulls seem to be in the driving seat now. If previous lower high is broken with good volume then we can expect a good returns as per Dow theory. Targets are mentioned on the chart.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.