Momentum building up seen on MACD histogram coincide MACD buy signal above zero level. Our view is still Bullish as the stock is trading above the uptrend line, breaking a Pennant with a strong Bullish candle as continuation buy signal. The stock could be reaching Fibonacci resistance at 2.79 before making the next correction/reversal.
Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Trade active
Trade closed: target reached