Traders,
Looks like a long should be under way very soon. Theres been some underlying impulse evident in this stock and I do have a strong feeling that bulls will be participating at, or near this level.
I have analysed this stock carefully and think it's upside target could be 12-17$ per share in the future, with downside limited being limited to $7 (In my opinion only)
Theres also some divergences to note, but I didn't put them on the chart. But they further support bullish intentions. Breaking this sideways TL resistance will confirm impulse and hopefully provide a nice entry point. A lovely piercing candle confirmed the bulls at a nice reliable level. Trades like this are nice. But complicated.
Best of luck traders,
Tom
Note: I offer face to face, and online personalised tuition to people who wish to become professional traders. For more details the tuition I offer, message me on here, or email me with the email address on my profile page. Thank you.
Looks like a long should be under way very soon. Theres been some underlying impulse evident in this stock and I do have a strong feeling that bulls will be participating at, or near this level.
I have analysed this stock carefully and think it's upside target could be 12-17$ per share in the future, with downside limited being limited to $7 (In my opinion only)
Theres also some divergences to note, but I didn't put them on the chart. But they further support bullish intentions. Breaking this sideways TL resistance will confirm impulse and hopefully provide a nice entry point. A lovely piercing candle confirmed the bulls at a nice reliable level. Trades like this are nice. But complicated.
Best of luck traders,
Tom
Note: I offer face to face, and online personalised tuition to people who wish to become professional traders. For more details the tuition I offer, message me on here, or email me with the email address on my profile page. Thank you.