Panjang

big swing up

124
1)Taking a look at the price action on November 19 to December 5 there is a lower low, while comparing at the RSI there is a higher low, indicating a bullish divergence.
2) the macd moving average is about to cross on the down side as well.

Targets-
Buy in at 5.20 would had been ideal if I had seen it on December 5th for a possible 23% gain if the target is the previous recent high.
Other possible targets is 5.7 where the 55 ema will likely b or along the downward slope if we take into account the downward trend of lower highers

Penafian

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