TRIP Mini breakout? Long

RED LIGHT HOLLAND CORP.CSE

Description

⋅ Jan 15, 2021 9:11 PM

Breakout above short term down trend, lining back up with longer term uptrend, needs to close above fib resistance of 0.325 to confirm.

Comment

⋅ Jan 15, 2021 9:29 PM

Also what appears to be a bounce off the 0.27 fib level

Trade closed: target reached

⋅ Jan 18, 2021 10:23 PM

Prediction was spot on. Let's see if it continues. Look for support on the 0.325 fib level and 2/1 gann

Support and Resistance Gann Fan

Comments

MrLotus

⋅ Jan 15, 2021 9:27 PM

I agree with your analysis, if no news, we can hope for a mini move upside to resistance at 0.34.
If we get positive news, then it will definitively be a breakout above 0.34.

pocketfeeder

⋅ Jan 17, 2021 6:15 PM

@MrLotus, I agree too. A new support of 0.32 in the coming week. I think this may be the last time we see sub .30 levels

MrLotus

⋅ Jan 18, 2021 2:59 PM

@pocketfeeder, that would be great!