RESINTC- Volume Profile Analysis
Updated
RESINTC price seems like rejected from mini volume profile point of control @ 0.560 (with significant volume)
Potential buy on dip @ 0.520 (price retest main volume profile point of control)
Potential target price 1 @ 0.580 (fib extension 1.618 level & previous resistance)
Potential target price 2 @ 0.640 (fib extension 2.618 level & previous 52 weeks high)
Disclaimer:
This is intended to be used and must be used for technical analysis education purposes only. Trade at your own risk.
Potential buy on dip @ 0.520 (price retest main volume profile point of control)
Potential target price 1 @ 0.580 (fib extension 1.618 level & previous resistance)
Potential target price 2 @ 0.640 (fib extension 2.618 level & previous 52 weeks high)
Disclaimer:
This is intended to be used and must be used for technical analysis education purposes only. Trade at your own risk.
Comment
RESINTC hit target price 1 @ 0.580 on 22 July 2021 with significantly higher than average volume.Potential target price 2 @ 0.640 seems feasible
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