$BV
My first attempt at trying to predict a fallen angel trade. Recent consolidation in the price between 6.50 and 8.00 after over a 50% drop in the price. This would need to break through the 8 resistance in order to consider entering a long position. The first target would be 9.90(.236 Fibonacci).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.