Bullish bias emerged above the Cup and Handle pattern . As such, the stock may head north to test the next resistance of 0.875. Meanwhile, a reversal to below 0.47 would negate this expectation.
Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
Trade closed: stop reached:
Support at 0.47 violated