4011 corrections have been made since March 2024 in a triangle. It recently reached a double bottom near 11 but was rejected by a trend line near 12.3. Highs are being pressed indicating exhaustion of sellers. Daily volume last Thursday suggests it may be ready for a breakout. It could start a bullish rally if it is able to break the strong resistance near 12.3 which is the TP1 level at the moment, as long as it stays above 10.9 (SL). We can evaluate further moves once they break out.

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