The current price is 23.41 and 5.49 percent above its rising 200 day moving average. The short-tern trend is negative with the 20 day falling moving average currently at 24.06.
We are now considerably higher than last weeks low of 22.35 and the 14 day relative strength index is displaying bullish divergence. At this stage, it may be wise to cover short positions, whilst a long position could be attempted as soon as the price closes above the rising 20 day moving average.
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