After bad ER and a huge drop, an upward channel has just build that supports a further upwards trend.
Entry as soon as the resistence at ~14.77$ is broken.
Stop below the support of the upwards channel at around ~14.50$.
Limit is hard to estimate because of the large gap between 15$ and 23$. An optimistic long-term limit would be around 22$-23$.
...
As predicted by others a very nice pattern has formed initiated by a breakout.
Two bullsih variants that depend on how strong the 1. support (dashed green line) is.
1. variant:
Entry level ater confirmation at weak support level ~$23 / Target price ~ $29 / Stop loss ~ $21
2. variant:
Entry level ater confirmation at strong support level ~$21.5 / Target price...
A potential of ~17% in case of increasing price as indicated with the arrow. There is a strong support level, which leads to a comparable low risk.
Entry level $2.01-2.07 / Target price $2.41 / Stop loss $1.94
Indicators are recovering from oversold conditions. Delay of ER was followed by a loss of ~7.6%. The strong horizontal support (green line) held...
