The break above 22.40 is a positive signal that has opened a path to 22.74.
Our preference: Long positions above 22.40 with targets at 22.74 & 22.90 in extension.
Alternative scenario: Below 22.40 look for further downside with 22.20 & 22.05 as targets.
Our preference: Long positions above 22.40 with targets at 22.74 & 22.90 in extension.
Alternative scenario: Below 22.40 look for further downside with 22.20 & 22.05 as targets.