This is the place where I reload RINGX again. It retraced 88% from the initial move and filled the daily GAP. Great location for trade. Minimum targets are 38.2 and 50% of a previous move.
Extremely risky trade, because RSI div is not yet confirmed, but on a smaller time frames, there are an indication for a bounce, buying volume started coming in.
TARGETING .382 and .5 fib levels
Stop loss very very very tight below ATL
