Since the last upward gap, the share price fell for five days in a row and almost closed the gap on 11 October. Our main scenario envisages a new attempt by the bulls on the upside. After the gap close, we expect rising prices. A realistic target could be the USD 90 mark.
The chart looks more neutral below USD 77. Drops to the EMA 200, in the USD 69 range, could follow.
It becomes bearish below USD 67. This is bear territory.
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