As you can see on the chart, we're in a parallel channel, and we're on its floor, stochastic is oversold and it's imminent to cross up, giving us a buy signal. macd has divergence, there's resistance around 0.277, and breaking it can make us more room for more growth. The first target is 0.3.
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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.