The daily chart above shows we took a dip this morning but recovered and closed above the 8ema and above the 20sma. This is bullish, and closing above the 20sma could mean we've broken through the resistance its been causing, and now we can leave it behind on our journey to the target.
The next source of resistance we'll have to deal with is the 200sma. I'd expect a bit of a bobble between the 200sma and the 20sma, and finally a break through the 200sma and movement higher.
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