There is lots to unfold here. On one hand we have buy4, buy2, buy1 and Moon. Engineering robo is bullish once it broke resistance at 2.4$. Congrats to those who made nearly 20% profit.
However it looks like it is forming a pennant wedge pattern with higher highs and lower lows. I believe once it touches the downtrend line, we should sell immediately.
Do you agree? Let me know in the comments below.
However it looks like it is forming a pennant wedge pattern with higher highs and lower lows. I believe once it touches the downtrend line, we should sell immediately.
Do you agree? Let me know in the comments below.
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Higher highs and higher lows*