Ellipsis had a major bearish collapse and it may be that we've bottomed out now. We saw a breakout of a descending trend followed by a double bottom, indicating a trend reversal.
Trade Idea:
- Watch for a strong breakout of the descending red trendline
- Stops below the double bottom
- Targets: 0.4, 0.5, 0.7
Goodluck!
