CAN - investment idea

NASDAQ:CAN   Canaan Inc.
On the monthly chart, the price reached the liquidity area and then closed above it, indicating a successful liquidity grab.
Risk/Reward Ratio 2.86, the nearest profit level - 6.98 (+115% from current price).
Scenario cancellation - if the price reaches 1.85.

I have grabbed 1470 shares by 3.4091 for my investor

*The analysis is purely the author's subjective opinion and is not a recommendation for action.


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