From the previous analysis, one of the scenarios that I pointed out was the potential retest of the support zone again. As we can see it happened already and we can anticipate a potential double bottom. The first target $5.10 is a decisive point in this trade.
Targets: $5.10
$5.60 $6.30 $6.88
Trade Carefully!
Thank you and Good Luck!
🛑Disclaimer🛑 The content of this analysis is subject to change at any time without notice. Trading leveraged products carry a high level of risk and may result in you losing substantially more than your initial investment. This is not financial advice.
Did you consider coming fundamental data this week?
ProSignalsFx
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I see a falling wedge, but the support seems to have been broken.. mixed feelings
Stargazer_fx
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great technical analysis mate, thansk for sharing
caldooninvestment
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Amazing breakdown!
ibrahimfox
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I don't think this stock will go up, thank you
KlejdiCuni
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@ibrahimfox, Everything is possible. That is why patterns have validation and invalidation zones. We are not market makers at all:)
Thank you for sharing your opinion. I really appreciate it.