TROY is at its lowest price ever, and this 20sts is its closest support zone, this is also an important round number that we wouldn't want it to lose.
However, the selling pressure has weakened and we can expect a strong rally to the 30sts zone over the next few days.
After that, TROY will need more time to prove its worth in the 20-30sts range and then look for a chance to bounce back and start a new rally.
If TROY breaks the 30sts zone, it will easily rise to 60sts before December.
Sell TROY quickly if it falls out of this 20sts zone as it will probably fall back to 10sts.
However, the selling pressure has weakened and we can expect a strong rally to the 30sts zone over the next few days.
After that, TROY will need more time to prove its worth in the 20-30sts range and then look for a chance to bounce back and start a new rally.
If TROY breaks the 30sts zone, it will easily rise to 60sts before December.
Sell TROY quickly if it falls out of this 20sts zone as it will probably fall back to 10sts.
Comment:
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