Looking at the daily chart, it seems momentum is waning. PPM2 can't seem to maintain its position above the first derivative for much longer. Same goes for PPM3. While it seems like its all doom and gloom, note that the PPMs are only hovering around 0, not going into a trend.
Looking at the weekly chart though, we see momentum looking to pick up, with PPM1 looking to inch back to trend mode. PPM3 looks to be taking a dip soon though so may need to look out for that.
Overall, it seems price has reached a mini top, and may go for a dip over the next few days before resuming its upward trajectory.
Looking at the weekly chart though, we see momentum looking to pick up, with PPM1 looking to inch back to trend mode. PPM3 looks to be taking a dip soon though so may need to look out for that.
Overall, it seems price has reached a mini top, and may go for a dip over the next few days before resuming its upward trajectory.