Been following this counter for quite sometime. I am a swing trader. Hence I will keep any stock that have this kind of trend line. And ride the trend.
As a newbie, I love experimenting a few methods. For this:
RSI oversold, touching the bottom of the trend line, volume slowly building up.
From what I learnt, it supposed to move uptrend. But depends on the volume.
Will see what's going to happen this week.
If it move downwards, consider a fail trade and it will stay in a period of accumulation.
However, from my observation, it is strongly supported at 0.24.
Not a buy call. tayor.
As a newbie, I love experimenting a few methods. For this:
RSI oversold, touching the bottom of the trend line, volume slowly building up.
From what I learnt, it supposed to move uptrend. But depends on the volume.
Will see what's going to happen this week.
If it move downwards, consider a fail trade and it will stay in a period of accumulation.
However, from my observation, it is strongly supported at 0.24.
Not a buy call. tayor.