We have a standard falling wedge pattern like on BTC/USD chart.
Also we have a strong divergence with MACD indicator and volume rising.
The stock after a great fall and now is located near its bottom.
LONG TERM TRADE(month chart).
And the first target is x2 of it price => 20$.
I will update the idea.
Good Luck!
Also we have a strong divergence with MACD indicator and volume rising.
The stock after a great fall and now is located near its bottom.
LONG TERM TRADE(month chart).
And the first target is x2 of it price => 20$.
I will update the idea.
Good Luck!
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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.