out of an important resistance level and confirming price action to the left. bulls eye!!!
Strong support level matches .328 Fibonacci level as price retested, and following a upper trend we might see a profitable long position chance.
There has been a very long time since the price touched this price level should we look for positions freely? I mean, there is almost nothing about this level how ever it has been a very very strong resistance in the past. It might be wise to wait if it ghoes back to test the zone and then we go long.
After a long period of consolidation and considering the fundamentals. I think the bulilsh flag is taking full shape and about to explode.
After the fundamentals stating that their vaccine will be good for minors the price of the stock is getting bullish again and the same shows on the technical analysis according to the major uptrend and respecting the previous supports. next stop 43.00
Formacion hombro cabeza hombro mas una vela martillo bajista
Second attempt of pushing up, resistence met twice, good chance to earn some
According to FIBO levels and mayor donwtrend (4H,1D) it follows a strong impulse after the correction. Next stop around 44.30
Big support level might hold down the price and send it back to 1.09400
AFTER TOUCHING HEAVY DEMAND ZONE AND BOUNCE ON FIBO LEVEL 23 THERE MIGHT BE A CONTINUATION TO 19.40'S WHAT DO YOU THINK?
SHOULDER-HEAD-SHOEULDER FORMED A FEW DAYS AGO COMING FROM A DOWN TREND AND TOUCHED LOWEST LOWS IN WEEKS//VOLUME SHOWS STRONG BUYS TIME TO ENTER?
The price has touched the down side of the uptrend line and made support near a Fibo level i entered market price and target 19.64