DislikedI agree with your positive assessment, but what are the factors that make you believe that? I would really like to know...Ignored
On the monthly chart i attached you can see that the previous month it went up to test previous months resistence but couldn't make it up there and came crashing down closing below it's opening price. Now after that candle you would think it would continue falling down even more but the market had other things in store.
As we can see it has held up very well making a higher low then the previous month and trading in a very tight inside range. Very strong signs of a reversal taking place and by the looks of things with 1 day to go before this months candle closes, it seems it will close above it's opening price!. So there should be no reason at all why it won't continue up next month. Those 2 lines i drew would be the major resistance levels we want to see it test and where i would most likely be taking profit.
Happy Trading