Indicators to confirm, like the MACD below 0, otherwise at the oversold level, the flow of money index looks like a good variable level to start to reverse, and the support area makes the bounce more likely. Could it happen now? Yes, but that support line could also act as the first support line; however, as Bollinger and Keltner confirm, the second support, which would mean the upper teens to twenty, could be a play, so we are bullish as of now or close to it.
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