This is my hypothesis to find the optimal entry point, based on algorithmic patters observed following this stock:
The optimal entry point is when all the following events occurs:
1) Price closed below the lower Bollinger band (20 day period)
2) The (support) is relatively close to the lower Bollinger band. In this case, lower Bollinger band is at 12.11 and...
Just wanted to give an idea for possible trend continuation trades, All rules are on the chart.
All the best. Felix
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