Yearly Chart: Bullish Engulfing -> Showdown Zone at 228-246 (138.2 &161.8 Fib ext.) 200 Being the First Resistance and 210 the second.
Quarterly: Candle is bullish -> broke through the ascending triangular pattern and closed above bullishly
-> moreover 210 has been broken and 220 has been tested. -> Some profit taking would be logical but is not necessary since 228 can be seen as the first "real" target. But we will see … 3D chart will show.
-> Stochastic Ind. is OB but pointing up. -actually it is still in a very bullish condition.
Monthly: Bullish close but long shadow. -> Stochastics has turned up after forming a double bottom -> Target of 210 has been reached so Monthly traders might take profit as well. -> looking for Bullish entries after a correction towards 200-190 area.
3D: trend is up with Stochastic turning down Trendline still bullish