0.5 Fib support holding strong
Upwards Trend line in tact
MACD crossover in play soon to the upside
MACD trend line mirroring Candle trend line upwards
Oversold RSI appearing now at the end of a descending wedge pattern. Lowered volume towards the end of the wedge too indicates potentially bears running out of steam... however buy order book is a little thin.
Looking for a reversal around the 150 mark, or a quick fall and bounce at Fib 140. If it doesn't bounce at 140 then 101 is very possible.
Socially there...
