Risk: Low
Please be advised that this is only an idea, so you are responsible for any losses yourself.
Dear followers,
New Economy Movement bounced its 20ma and we need a close above the support line. If we break resistance, New Economy Movement is ready for its next move. A close below support will mean a weakening of the uptrend and our only near support is the 20ma then. That's why we use a SL here.
Buy: Now (Partially) or after breaking resistance.
SL: below 20ma
Targets:
Target 1: 0.00011022
Target 2: 0.00013435
Target 3: 0.00015700
Good luck!
Please, follow and like for more trading ideas, this helps me to provide you with even better charts.
Questions? Feel free to ask and your feedback is welcome!