Hey there. This stock has been on my radar since 2 weeks ago.
On the weekly chart, we might have a nice bullish engulfing closing for the day.
On the Daily, there is a nice rally which indicates that the "big player" is ready. I have entered my position at 0.745 today, and I am looking at 3 to 4 weeks of holding this stock with a good 20% return.
Bear in mind, that the structure of the market will create a reversal before it continues to go up.
Good Luck!
Comment
Update 18/7/2021:
It may reverse at the 0.700 area before continue to go up. So you can look for your possible entry in that area which includes the CS reversal, volumes, and a change of pattern.
Trade active
Took my profit at 0.830. I believe the price is going back to 0.760/0.750 level to fill the order before rally to our target area. Good luck!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.