1.56 at support level and it nicely rebound from there. You can wait for breakout of the descending wedge or take a small position to test. If the latter, be mindful that there lies a possibility that it might hit the upper channel of the descending wedge , then make another lower low towards 1.37 before rebounding.
For stocks, I mostly hold it for mid to long term so small price differentials for a good growth stock is OK for me. You have to decide for yourself the reasons to buy.
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Praise Lord. Now, it has touched the upper channel, if no surprises, we can expect a breakout soon.Get your bullets ready, folks!
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Praise Lord. The price is now in a retreat phase so let's wait patiently to see if this is a fake breakout. If yes, price will return to the channel and heads south else we can expect a rebound soon. Get ready your ammunition.
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We added long on this today! It's a nice hammer closed , i.e. a bullish signal.
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Praise Lord. Congrats to those who followed
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resistance at 1.90 taken out , nice. heading higher towards 2+