Buy @282 After Retrace.

11 ביולי 2022

297 is weekly pivot point resistance and it may resist the trend to continue. Few buyers would also try and book profits. Wait for the reversal and then buy.

PRO:
- Strongly bullish.
- Forming higher high.
- Trending above trendlines.
- Strong RSI.

CONS:
- Near Resistance point.-
- Profit booking may start soon.

ENTRY: 282
TARGET: 308
SL: 277