A flattop Triangle is forming, It could be seen lower and lower volume now but the daily candles just need to swing inside the triangle.
EMA 120 is 4.17 around, fairly priced now from TA. Fundamentally, company is doing ok.
From Fib Retracement, I'm offsetting a simple Resistant and Support line into 4.30, and 3.90 respectively.
From the current pattern, it looks good still, let see how.
EMA 120 is 4.17 around, fairly priced now from TA. Fundamentally, company is doing ok.
From Fib Retracement, I'm offsetting a simple Resistant and Support line into 4.30, and 3.90 respectively.
From the current pattern, it looks good still, let see how.
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The quarter report is out, investors aren't satisfied with the earnings. A large gap down is formed.