Bulls have assumed control of the price action, after bullish divergence matured and now is playing out. First higher high is printed and it looks like that a higher low is also defined, which according to Dow theory is a classic sign of a bullish rally. Targets are mentioned on the chart.
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.