This is purely technical analysis. Enter the trade at your own risk.
Reasons to enter the trade
1. It is almost breaking the multi-year trendline
2. Good volumes supporting the up move.
3. Very close to breaking the 200 EMA.
Reasons to enter the trade
1. It is almost breaking the multi-year trendline
2. Good volumes supporting the up move.
3. Very close to breaking the 200 EMA.