This is a simple support & resistance analysis of this stocks current price level. The stock is at a price level which can be said as a good established support level, the last time the stock was here it was almost 3 months ago and it made good gains after touching this level. If anyone beleives there are other reasons for why this stock will continue to fall below support, please comment ASAP! Im going long on this one now...
Trade closed: target reached
Breakout Happened! Took profits at $5.4 Trade Closed Now.
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