EUC Risky trade
Updated
EUC just fell off a cliff and is currently oversold on most timeframe's. So we are looking for an oversold bounce a quick in and a quick out with a conservative 15% profit target.
EMA and 50-day SMA currently acting as a resistance look for sell in between these moving averages approx 0.96 cent if lucky. To be a bit safer set sell at .095 or .094 cent to get out and lock in profits.
EMA and 50-day SMA currently acting as a resistance look for sell in between these moving averages approx 0.96 cent if lucky. To be a bit safer set sell at .095 or .094 cent to get out and lock in profits.
Note
Note
Bounce playted out got as far an 88 cents. To play this further id move stop under the 77 cent mark at break even.As this is the last higher low. We may see continuation but nice to be sitting at break even if we dont
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