New manufacturing partnership is drawing in good volume Some interesting levels here. Price is breaking out from resistance around 0.270 and a clear break could see this level become the new support range. Recent news around manufacturing partnership seems to be driving good volumes and projected revenues are looking strong. First target area around 0.370 with a long term target anywhere from 0.450-0.540. Looking for an entry on a positive candle closed above resistance on daily timeframe.
CG1 trade ideas
Long idea for CG1Looking to pick up this long at 0.165 (bid working). Target will be 50% of previous move with trailing stops. Internals look pretty good - Willy oversold, previous divergence in MACD. I still think the overall market is f***ed and heading down down down, but maybe get a quick trade in here. Will update if filled.