High volume in prev week, now testing 10 week average - might be a candidate for a potential upswing No investing advise - just a trading idea
I bought this asset yesterday - not quite perfect cup and handle, but really nice looking. Now approaching 10 week average. Fundamentals looking great. +250% growth in rev YoY EPS YTY from (0.40) to 0.12 I see big potential in this one. This is no trading advice - just an idea I'd like to share with you.
Looking quite good here - MACD crossover, hit the double bottom. Having a tight S/L makes this an opportunity for a 28% gain till resistance - and 55% till the next resistance if the first one can be broken. Risk / Reward ca. 1:2.5 - 1:5 This is not financial advise - it's just a trading idea.