About the chart, we got the break of the TLs (medium and long-term), the break of the previous maximum at 2.07 (after the 9M sales release ; it was formed a gap up, immediately covered) and the break of the previous minimum at 2.15 (October 2014), with good volumes.
The last uptrend is well set with the support held at 1.80.
The crossovers of the EMA (50, 100) are good, too. However, the EMA 200 is far away from the chart. The uptrend is strong but it needs some physiological corrections : RSI (overbought), BB (high volatility).
With regard to the high targets, we must pay attention to the support at 2.60 but particularly to the first FIBO level (23.6%) at 2.40. About the low targets, 1.80 is the main reference.
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