Buying opportunity in the Index after a long time

Launch Chart
KUNAL KAMBLE
SP500
·
Sep 27 2022
snapshot
SP500

Buying opportunity in security.

The Security is trading near the resistance, if the security is able to close above the resistance, buying can be done in the pair for a TP of 22.97

Price is trading above the Ema indicating a short term buying opportunity. As per MA studies the security is trading above the EMA indicating positive direction.
RSI is supporting the price.

Advice : Buy if the security is able to close above the resistance and sustain above EMA for a day or two.