The positive momentum is still intact, with the market experiencing a period of consolidation or sideways movement after a strong upward trend. This consolidation phase can be seen as a temporary pause or a price correction before potentially resuming the upward movement. Based on the analysis, the price targets are set at $56-60. SL 49.8
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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.