תיאור
⋅ In the short run it is overbought with an RSI over 73
However in the long run it looks like it is breaking out of a long downtrend and I see it reaching 22-23 next year.
Fundamentals are really good as P/E of 8.65 with earnings way below its longterm average.
The China slowdown has been priced in by far.
I will start a long position next time RSI looks attractive on the daily chart.