PaperBozz

$SFT - Things might be improving

Long
NASDAQ:SFT   None
SFT has been painful for the bulls. However things looking to be improving.
The RSI is starting to diverge.
The OBV is starting to bottom out.
The stock in descending triangle and if it can break out above $9, it could get to $15.

Entry - (Greedy) 6 -7
Target 1 - $9
Target 2 - $12
Target 3 - $15
Stop loss - $6
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.