INSG Bouncing off of previous resistance and 50 EMA

INST is bouncing off of a major line of resistance and the 50-ema. I entered at $9.59. My stop loss is at $9.20 (4.17%) and my first profit target is 11.15 (16.15%) which is pretty decent.

The price also moved below both support lines yesterday and two days ago but was rejected both times.

I'm hoping that it'll reach this target and continue to move upward 20%.

Сделка активна:

First target was reached