This stock has only been actively traded for about 3 years. And so. IMHO. the Weekly chart is not going to be very helpful, which means it's better to trade it short term.
From Daily chart perspective, price just bounced of the $28-30 congested area and there seems to be a stronger support at $20 area. Furthermore, it has broken down of a triangle.
So, a short term back up to $40 area can be expected. Will have to see the price action again if and when it reaches.
From Daily chart perspective, price just bounced of the $28-30 congested area and there seems to be a stronger support at $20 area. Furthermore, it has broken down of a triangle.
So, a short term back up to $40 area can be expected. Will have to see the price action again if and when it reaches.
Nota
Price didn't turn out as forecasted, but it still seems to be making it's way towards the down trendline.Let's see how the price action is then.
Nota
Didn't move up to $40 area, and it's starting to travel down.Weekly chart showing weakness as well.
Target profit 1 is $25-25.50 area.
Target profit 2 is $22.50 area
Dagangan ditutup: sasaran tercapai
Target profit 2 hit!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.