Analysis

Hi...! Here we are in a bullish channel situation. In addition, we are in an uptrend and we will not go against this trend and also we are above the vwap and this reinforces our bullish position. We could, however, have a continuation of this trend if and only if resistance is forcefully broken by a large green candle and followed by large green volume. On the other hand, for there to really be a reversal of the trend, the vwap as well as the support must be broken with force by a large red candle and accompanied by a large red volume. Thanks.