Price was in a downtrend, however the bulls seem to have assumed control of the price action as a bullish divergence has emerged on daily time frame. If previous lower high high is broken with good volume then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.
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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.