Current price: 15.10
Key point: 14.20
Our preferred direction: buy positions at the highest levels of 14.20, targeting 15.70 as the first target, then 16.50 as the second target.
Alternative scenario: Stop loss and change the trend by breaking the 14.20 level, targeting 13.50 levels
Technical commentary
Real Estate stock is moving in an upward direction on the daily time frame from the bottom of last October, rising from the support levels of 11.70, breaching the 200-day moving average in addition to the resistance levels of 14.20-14.70.
Its targets are the expected AB=CD harmonic pattern at the resistance levels 15.70-15.90
