RgMov shows an uptrend, we got oversold, broke the recent downtrend channel not only made a new weekly high but also expanded the weekly range.
If we break above the uptrend mode, we'll be in good shape to rally over the 100 handle here in the long term, so, don't miss out on accumulating longs here, specially if you missed the first rally before the giant sideways consolidation phase.
If you have insights regarding fundamentals for this move, or any comments, leave them below.
Good luck and happy new year!
Almost confirmed in the monthly. Brace yourselves!