the topline coming down worked as a resistance several times. What we lack in this bearish move is where the real support is.
BNGO since the beginning of the year moved drastically up. Even now x6 YTD. So hard to guess where we will see a support.
Hence, I would like to see support line working 2 more times and we break the resistance line before jumping on the boat.
BNGO since the beginning of the year moved drastically up. Even now x6 YTD. So hard to guess where we will see a support.
Hence, I would like to see support line working 2 more times and we break the resistance line before jumping on the boat.
Trade active:
For now, we saw the first bounce back from the support. I expect a fall back from MA21 or the blue line of resistance. Now once after that fall back if we bounce back again from 5.12, then I will load the boat