Robo

Robo

Currently located in a bullish channel, but has since broken rising trend support (black line). Three scenarios are listed. The first is an acceleration of the recent bear move down through channel support. The next is a break of the channel, a retest, and further bearish resumption. Finally, there is a good possibility that the price action finds support at the...

Robo

Presently neutral with short bias. Will be looking to initiate a short on a break and close of the ascending channel with a stop on a weekly close back above the channel (215-230 zone). Targeting $150 and $100, taking half off upon the first target being reached. Update: Although my chart analysis was correct, I did not end up taking a trade on this. It is...