As mentioned and observed above
A similar drop has been noticed once earning reports were released
According to technical analysis 9/10 gaps are covered
The week graph has ended on a positive inverted hammer candlestick indicating a trend reversal, making way for all long positions to line up.
According to my analysis
Entry- below 2.80
Stop loss- 2.50
Price target- 5.70
Thank you for reading and any feedback or comments are welcome
A similar drop has been noticed once earning reports were released
According to technical analysis 9/10 gaps are covered
The week graph has ended on a positive inverted hammer candlestick indicating a trend reversal, making way for all long positions to line up.
According to my analysis
Entry- below 2.80
Stop loss- 2.50
Price target- 5.70
Thank you for reading and any feedback or comments are welcome