Price was in a strong downtrend, however a bullish divergence along with double bottom hints the takeover of bulls. If price managed to break previous higher high with volume then we can expect a bullish rally as per Dow theory. Targets are mentioned on the chart.
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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.