Watching HMQ after it seems to have found it bottom, currently trying to break out of the first downtrend (red line).
Volume increased but we can see a lot of sell pressure.
MACD+RSI crossed and pointing upwards, but RSI already heading towards oversold region.
Last dip closed inside Bollinger Bands, now the channel is getting closer so we can expect a major movement.
I recommend to buy after the red dashed line is crossed as entering now is risky, we may drop back inside the channel and heading towards lower regions.
Target at top of the triangle (yellow line) at around ~2400Sat
Volume increased but we can see a lot of sell pressure.
MACD+RSI crossed and pointing upwards, but RSI already heading towards oversold region.
Last dip closed inside Bollinger Bands, now the channel is getting closer so we can expect a major movement.
I recommend to buy after the red dashed line is crossed as entering now is risky, we may drop back inside the channel and heading towards lower regions.
Target at top of the triangle (yellow line) at around ~2400Sat