Support/Resistance:
There are not much movement during the past two weeks. The chart be may continue its uptrend to reach $1.68 which is the major resistance. On the other hand, if the chart is not able to subtain its uptrend, it may just fall to $1.23.
Indicators:
Looking at the MACD, RSI and Stochastic, it may provide a good buying or selling opportunity.
My Target Price:
The price may continue to move to up to $1.68. However I am not buying as I feel it is expensive now. My target buy price will be $1.23, if it never reached then I will not buy at all.
Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.
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