The situation continues to remain stable. The price is slowly crawling higher in a calm manner. This rise is still being viewed as the final wave in the upward impulse. After its development completes, a reversal and the start of a strong decline are expected.
The main question in this situation remains timing. When will this reversal occur? The price may continue to linger in this slightly upward channel for quite some time and then make a surge upward to put a fat exclamation mark on this prolonged impulsive movement.
Therefore, it is worth considering the possibility of careful buy entries at current market levels.
Investment idea: BUY 23300, SL 23150, TP 23700.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
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Bob Stan
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