Hello everyone. I am new to the stock market and this is my first published idea.
This displays what I hope to see before entering a position in this stock.
I look forward to entering this community and sharing ideas with you all!
It tested twice the 1.45 daily support.
First time in June it bounced out of it but been stopped by the 50 SMA in confluence with the 1.66 Daily resistance.
Now the 50SMA will get weaker in the coming days.
Probably a good opportunity for a rally to occur.
It may want to go test the 1.29 weekly support level so I put a risk of 15%.
Set the risk at 5% if you...
