Possible day trading signal here. Volume and liquidity are very good, almost 5 millions shares today and lots of shares in the order book. Possble targets at 0.215 and 0.245 as a second impulsive wave is likely.
Entry at 0.17
Entry at 0.17
Comment:
stop loss at 0.14 or before OED
Comment:
EOD was not long enough to let this trade pan out. I will let it run for the next few days to see if it retraces significantly
Comment:
The price action is stagnating, might stop out early to avoid getting stopped out as 0.14 as the more we hold this level, the higher the odds of the price travelling back down due to loss of short term momentum