Oct. 2 at 12:10 AM
$FAZ: In reviewing the reversal pattern discussed recently, it has not been canceled; in fact, it has formed a higher low and broken above the 20-day simple moving average (SMA). The RSI positive divergence is encouraging; additionally, today's closing above 50 is signalling that the upward move can strengthen. To progress further, it now needs to break above the 50-day SMA and overcome resistance at 43.40.