Long positions above 48460 with targets at 48920 & 49130 in extension.

Pivot: 48460
Our preference: long positions above 48460 with targets at 48920 & 49130 in extension.
Alternative scenario: below 48460 look for further downside with 48150 & 47900 as targets.
Comment: the RSI is bullish and calls for further advance.
Supports and resistances:
49200
49130
48920
48777 Last
48460
48150
47900