AUDIO is on its way towards the lower support of the channel. The idea behind this trade is that AUDIO will follow the channel again and make a strong bullish move upward in the near future.
I've placed my entry at the 0.40 support line. Before entering this trade wait for the price to touch the Entry line.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs/lows and round numbers. Do your own due diligence.