As TK has crossed below the cloud, this signifies a weak sentiment, but it is a first step we need to take in the right direction. Next, we need the prices to cross the barrier to above the cloud in order to have a stronger change in trend direction and head towards the upper eventually at $3.37. For a safer entry, a close above the cloud with confirmation and with a tight stop-loss at $2.94 will see less risks.
A price break below $2.85 will invalidate this view.
New target $3.33
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