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Strategy: Moving Average Cross Over
Bias: Bullish. PRLEXUS showed the cross over of short term Moving Averages which indicating a potential reversal in short term trend. Students in private group were informed during the trading hour in relation to the Cross Over spotted in PRLEXUS.
The immediate resistance will be sought at the 20days Moving Average which at the same time acts as the Bollinger Band Mid Band resistance.
When the share price started moving above the short term MA zone, SWC is expecting a healthy challenge to the next resistance.
#Do take note that PRLEXUS always has the lesser Bid & Ask float.
S: 0.755
R: 0.795, 0.810
If you find this idea helpful, do not hesitate to drop us a like and comment! :)
Strategy: Moving Average Cross Over
Bias: Bullish. PRLEXUS showed the cross over of short term Moving Averages which indicating a potential reversal in short term trend. Students in private group were informed during the trading hour in relation to the Cross Over spotted in PRLEXUS.
The immediate resistance will be sought at the 20days Moving Average which at the same time acts as the Bollinger Band Mid Band resistance.
When the share price started moving above the short term MA zone, SWC is expecting a healthy challenge to the next resistance.
#Do take note that PRLEXUS always has the lesser Bid & Ask float.
S: 0.755
R: 0.795, 0.810
If you find this idea helpful, do not hesitate to drop us a like and comment! :)