CUTIX LONG IDEA Cutix stock is currently within the discount level and price has been rejected from the support level showing that there's a higher probability of price being pushed higher by the buyers. 
You can buy at the current market price. The targets are N4.19 (19.71%) and N5.10 (45.71%).
Confluences for the long idea:
1. The market structure is bullish. 
2. Price is within the discount zone. 
3. Being is being rejected from a support level. 
Disclaimer: This is not a financial advice. The outcome maybe different from the projection. Don't take the signal if you can't accept the risk.
Trade ideas
CUTIX LONG IDEAPrice is respecting the trendline and it's currently at a point where support level and trendline are in confluence. With the formation of a dragonfly doji and series of rejection at the zone, this is an indication that buyers are ready to push price higher. 
Buy at the current market price. The stop can be at N3.71 (-7.48%) below the support level. The targets are N4.50 (12.22%), N5.10 (27.18%) and N5.65 (41.40%).
Confluences for the long idea:
1. Confluence of trendline and support level 
2. Dragonfly doji 
3. Rejections at the key level 
4. Bullish market structure
5. Price is in discount region
Disclaimer: This is not a financial advice. The outcome maybe different from the projection. Don't take the signal if you're not willing to accept the risk.

