Starting to break out of the declining channel pattern.
A price action above 55.30 supports a bullish trend direction.
Remains above its 200-day simple moving average.
Upside price momentum supports the bullish trend direction.
RSI leaves enough room for further upside price potential.
MACD crossover also confirmed a change in trend direction to bullish.
A price action above 55.30 supports a bullish trend direction.
Remains above its 200-day simple moving average.
Upside price momentum supports the bullish trend direction.
RSI leaves enough room for further upside price potential.
MACD crossover also confirmed a change in trend direction to bullish.