REQ is still in consolidation around 20ct area where we are also meeting the MM100.
I would expect a bounce from here in direction to the top part of the flag, the move would be confirmed by a break of the 22ct.
For now prices can range between 18.5ct and 20ct but i would consider this area as buying opportunity with long term view.
We can wait for the MACD in Daily to turn green before going long in order to get confirmation for some momentum coming back.
I would expect a bounce from here in direction to the top part of the flag, the move would be confirmed by a break of the 22ct.
For now prices can range between 18.5ct and 20ct but i would consider this area as buying opportunity with long term view.
We can wait for the MACD in Daily to turn green before going long in order to get confirmation for some momentum coming back.
