RE: Costly mistakes5 Mar 2023 01:52
Antropica follow the money...
MY AI ANALYSIS
In the short term, there could be an acceleration of the basic bullish trend. This is a positive signal for buyers. As long as the price remains above 134.54 GBX, a purchase could be considered. The first bullish objective is located at 164.34 GBX. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 204.90 GBX as an objective. Crossing it would then enable buyers to target 234.75 GBX. In the event of a return below 134.54 GBX, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators confirm the bullish opinion of this analysis in the very short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.