Uptrend. After period of correction in Jan and followed by consolidation, the trend seems to be maturing with 20d crossover 50d and presently touching 100d.
Candles:
Doiji engulfing is confirmed with last black candle is retracing towards 14.00 support.. 14.00 support is major.
MA:
20d MA is strengthening and pending crossover the 100d. But 50d MA is still pointing down. Hence suspect breakout from consoldiation may have to wait for a while.
Indicators:
RSI trending upwards w/o compromise. Likewise the stochastic are bullish.
MacD distogram 6R, will display but sign if any rebound appeared.
Conclusion:
Watch out for retracement near 14.00 reversal signal to long !14.00 support is strong.
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