AnishBadwe

Potential of Breaking Resistance, should reach at least 3.30

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AnishBadwe Обновлено   
TSX:AZ   None
Kept it simple with this analysis.

Last few candles for AZ were bullish, and we saw it pop up on Friday.
I am confident it will at least get to 3.30, its resistance level. RSI indicates bulls gaining momentum.

However, I also feel like it might break past its resistance level this time as it has reversed at its lower bollinger band with a strong bullish signal twice now.
Сделка активна:
Tested prices above its resistance level and closed just below resistance level. If it rallies up tomorrow it will be a good sign. If there is no rally, try to close the trade around 3.30
Place a tight stop as well.
Сделка закрыта вручную:
Managed to close the trade at $3.35. It reached and beyond the target of $3.30.
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