Polymesh (POLYX) - Bull flag confirmationOn the above 2-day chart price action has corrected 50% since last October. Now is a good long moment. Why?
1) Price action and RSI resistance breakouts.
2) Support on past resistance confirms. (green circles)
3) The Bull flag confirms forecasting a 150% move to 45 cents.
Is it possible price action corrects further? Sure.
Is it probable? No
Ww
Type: trade
Risk: <=6%
Long from: 20 cents
Return: 150%