Long
ASX 300. Will it hold the price & RSI uptrend lines?
Given the aluminum price rises this should hold.
Both the price and RSI trends need to hold
But, is that a bear flag or a uptrend channel?
There was some positive divergence at the bottom of the downtrend so it should be good.
Price target would be $2.28
Both the price and RSI trends need to hold
But, is that a bear flag or a uptrend channel?
There was some positive divergence at the bottom of the downtrend so it should be good.
Price target would be $2.28
Note
Not a bear flag. Target is the upper bounds of the top channel
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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.