Trend: Positive with upward price movement (likely continuation based on the SAR and current trend)
Trade Signal:
Buy Signal: Consider entering a long position around the current price of $40.27, with momentum favoring upward movement.
Target Levels 🎯:
1. First Target: $42.50 (next resistance zone)
2. Second Target: $44.00 (psychological resistance level)
3. Third Target: $46.00 (extended resistance)
Stop Loss:
Set a stop loss around $39.00 to protect from potential reversals.
Trade Momentum:
Given the strong volume and positive price action, the momentum is in favor of an upward move. Traders should watch for a confirmation of support at $39.14 (SAR) and avoid entering if the price falls below that level, which could signal a trend reversal.
