EPP ex Japan: Ton of support in weekly chart
* EPP ex Japan retraced 38.2% from covid low to 61 top...a good FIBONACCI reversal level for a strong trend.
* Wma 100/150/200 violet/blue/red moving averages converging just below current price.
* It already came back & just retested the BIG TRIANGLE top.
* GANN fan line also gives support.
* Looks like it will try to go in & breakout of the cloud next week.
* All weekly indicators already oversold...short & medium term upside coming.
* Price have to breakout of 52 & 54 & then target the 2007 wave 1 top of 61 for a wave 5 to be confirmed.
not trading advice..only for your easy reference
* Wma 100/150/200 violet/blue/red moving averages converging just below current price.
* It already came back & just retested the BIG TRIANGLE top.
* GANN fan line also gives support.
* Looks like it will try to go in & breakout of the cloud next week.
* All weekly indicators already oversold...short & medium term upside coming.
* Price have to breakout of 52 & 54 & then target the 2007 wave 1 top of 61 for a wave 5 to be confirmed.
not trading advice..only for your easy reference
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