Stochastic and Volume are showing good signs of a probable imminent reversal.
The med term macd though is still bearish.
My belief is that the price will retest either the 12/03 minimum or the EMA50 before rallying to an other high.
If you believe that this is a good long opportunity; I suggest to wait for one of the two ipotesis to open at a cheaper price and closer to strong support.
I also suggest to set the stop loss between 118.43/116.24 on dependance if aggressive or moderate.
PS: i'm a beginner so if you have critics/remarcs i'll be really happy to hear them.
The med term macd though is still bearish.
My belief is that the price will retest either the 12/03 minimum or the EMA50 before rallying to an other high.
If you believe that this is a good long opportunity; I suggest to wait for one of the two ipotesis to open at a cheaper price and closer to strong support.
I also suggest to set the stop loss between 118.43/116.24 on dependance if aggressive or moderate.
PS: i'm a beginner so if you have critics/remarcs i'll be really happy to hear them.