We can see an ascending triangle formed in daily chart, supported by 20 ema. the closest resistance is 50 ema. just had a attempt to break it this morning but still cant due to selling pressure. i am positive that once it broken with high volume it can go for 0.59 resistance and if 0.59 resistance break, the asscending triangle pattern will be validated and BOOOM...
MCLEAN is just above the 0.445 support level. the MA50 also catching up to the 0.445. Might reverse back to retest the 0.525 resistance level. My plan is to enter the trade at 0.445 if posible or maybe 0.45.
target profit 0.52 (15%)
Cutloss 0.42 (6%)
Might be breaking out the 0.435 resistance level. need to see how it open next monday. it also might reverse back to 0.385 resistance level. we can see a guild higher high and higher low at the resistance before it close above it. my prediction is the price will continue to breakout next monday!
Stop loss 0.42
The trend tend to respect the ma50, my trading plan is to buy at 0.33 as the price is at ma50 and support level. big potential for it to become the pullck area for syscorp to retest the 0.380 resistance level.
10%-15% target profit. stop loss 0.31
Descending triangle formed in daily timeframe as GFM has been rejecting 0.315 support for the 3rd times. A breakout will soon happen but we still dont know wether its a breakout to downside or upside. Lets wait what will happen today :D