ROSE bounce off from the lower band of the Bollinger Band and currently moving sideways for last 12 days while RSI stays close at the oversold territory. This makes me thinks that this will go up to 0.618 of the Fib around $0.225 level in the coming weeks or months. But before that it might touch first the $0.03 level as the over all market is still bearish. Fear & Greed Index also as of May 24 showing 12 which is Extreme Fear.
Disclaimer:
1. My analysis is only based on my opinion and not a financial advise.
2. I am holding ROSE as part of my portfolio.
Disclaimer:
1. My analysis is only based on my opinion and not a financial advise.
2. I am holding ROSE as part of my portfolio.