Recent gap higher with strong volume. Bullish engulving candle formed on 1/3/21. Business operating in buoyant market and significantly undervalued at current price. Looking for an entry some where in blue box as a bounce off upper Bollinger band however the more aggressive trader might enter at current price.
Entry: between 0.970 -0.955
Target: 1.050 (previous high from Aug 20)
Stop: 0.910 (bottom of gap higher)
For educational purposes only.
Does not constitute financial advice.
Please do your own research.
Entry: between 0.970 -0.955
Target: 1.050 (previous high from Aug 20)
Stop: 0.910 (bottom of gap higher)
For educational purposes only.
Does not constitute financial advice.
Please do your own research.