With the down trend line broken, the 50 days EMA moving above 200 EMA, a beginning of a new uptrend might be underway. The risk measures offer a good entry point at 17.45$ (last close) with a minimum target of 19.40$ and a stop level of 16.45$ ( P/L ratio of 2).
Trade closed: target reached
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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.