The overall movement is upward, as evidenced by the 365 and 150 moving averages. Now the stock is trading in the range of moving averages. A Fractal start formed above 150 (bulls broke through the moving average). Breaching of the Fractal Start will result in a formation of an uptrend pattern (123) within the overall uptrend.
Trading recommendations:
Buy above 107.00.
Stop loss – 104.00.
Target levels-112.00; 119.00.
