CGF great potential to go
There is a strong support zone starting @ 9.01.
Once the price reaches this zone, I expect it changing its direction up to the first resistance zone @ 9.78
The trend change is also acknowledged by a RSI divergence and a double bottom. Expecting for 3rd and jumping in.
In this particular case the stop might be very short (right under the green support zone @9.01), to avoid the unnecessary losses.
Once the price reaches this zone, I expect it changing its direction up to the first resistance zone @ 9.78
The trend change is also acknowledged by a RSI divergence and a double bottom. Expecting for 3rd and jumping in.
In this particular case the stop might be very short (right under the green support zone @9.01), to avoid the unnecessary losses.
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