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succeeded to form the previous awaiting long white candlestick
yesterday, approaching our defined first target. Now it's building a
new technical base to resume its bullishness via forming a [BAT]
harmonic pattern above the pivotal support zones of 14.78. The eventual
upside target is pointing at 16.10 which represents the completion of
the short term pattern. Note that a very slight correction is needed
before activating this positive scenario.
The trading range for today is among the key support at 14.60 and key resistance now at 16.10.
The general trend is to the upside as far as 10.95 remains intact with targets at 16.85.