- Daily chart shows the recent lower low was not significant.Bullish divergence signal on RSI and MACD appeared and these suggested in near term could be heading sideways. RSI and stochastic suggested to be at reasonable entry.
- Weekly charts MACD signal approaching bullish crossover soon.
- Strategy for long term : Start accumulation, the downside risk is limited although may have to wait or signal to see the triger for next bull.
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