Posts
See it for yourself and make your own judgement.Support/Resistance:
The price has fallen to $2.95 from the previous peak at $3.17. It is still not able to break out of the symmetric triangle. Major Resistance will be at $3.50 and Major Support will be at $2.75.
Indicators:
For MACD, RSI, these two indicators are at the mid point. Stochastic indicator is going down which may mean buying momentum has slow down.
My Target Price:
It will be a good buy @ $2.75 and a good sell @ $3.50.
Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.
No comments:
Post a Comment