Strong uptrend (higher high and higher low). Price is correcting and creating a base (depicted by the horizontal line which can be used as the SL for going long) with the support of 50 DMA. Price is keeping above 5 DMA which also can be used as SL going long. It is expected that any time price may give a long leap.
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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.