This note is an update of our previous comment available here and here, where we suggested not to chase the price. The strong pullback reached support around 510/500 and a nice bounce followed.
If you were looking to open a long position, current levels provide a better place to do so than previous top of the range. Aiming for a first target at 580/600.
Should you have any questions feel free to contact us anytime.
Good luck Champs!
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