The Ichimoku indicator gave a very-strong bullish signal for the uptrend (back in mid-April)... The bullishness has ever-since progressed with great strength until today... (Note how the bright-green MA has crossed-over the bright-red MA back in middle-April; happening above the cloud; which is a very strong bullish signal indeed.)
Technically, the uptrend-resumption is strong. But it would be wise to anticipate pull-backs of some form... Eventually, do expect the bright-green & bright-red MA to cross over each once again (as both MAs can't be separated for too far apart); perhaps price would be directed to some downside soon; possibly to the cloud-supports below... (The bright-green MA is where the price is sitting on...)
In addition, it is very important to pay attention to both the MACD & RSI indicators too (see the chart)...
The MACD coordinates well with the RSI, & especially very well with the Ichimoku's moving-averages... (Price crossovers/divergences...)
Best regards.
Technically, the uptrend-resumption is strong. But it would be wise to anticipate pull-backs of some form... Eventually, do expect the bright-green & bright-red MA to cross over each once again (as both MAs can't be separated for too far apart); perhaps price would be directed to some downside soon; possibly to the cloud-supports below... (The bright-green MA is where the price is sitting on...)
In addition, it is very important to pay attention to both the MACD & RSI indicators too (see the chart)...
The MACD coordinates well with the RSI, & especially very well with the Ichimoku's moving-averages... (Price crossovers/divergences...)
Best regards.