Inverse HS on the picture. Target price is 14.646 if we count with IHS formation. Small gap ups with little red candles. We are in wave 3 for sure. If we count with EW Fibo levels then the target is between 1.618 - 2.0 levels, so 14.376 - 14.844. Green box on the picture.
Hi all! I think REED entered in an uptrend. Just above MA200 and POC as you can see on the chart. MACD crossed on weekly and soon will cross above the zero line. Volume increasing. It will soon activate a possible inverse head and shoulders. Price Target 2$+