The red rectangle shows a recurring resistance level. And the Bullish Pennant that just formed on the Daily chart indicates that there is nearly a 60% chance of it to go the end of the yellow line.
The RSI is also indicating that there is enough room for it to move up before being OVERBOUGHT.
This obviously is NOT a financial advice.
The RSI is also indicating that there is enough room for it to move up before being OVERBOUGHT.
This obviously is NOT a financial advice.