#IO is currently trading within a falling wedge pattern on the daily chart, near the wedge support. For the bullish scenario to remain valid, the price must hold above this level. The short-term target is:
🎯 $0.359
In case of a breakout above the wedge resistance, the potential upside targets are:
🎯 $0.431
🎯 $0.512
🎯 $0.629
🎯 $0.733
🎯 $0.837
🎯 $0.985
🎯 $1.174
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
🎯 $0.359
In case of a breakout above the wedge resistance, the potential upside targets are:
🎯 $0.431
🎯 $0.512
🎯 $0.629
🎯 $0.733
🎯 $0.837
🎯 $0.985
🎯 $1.174
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
Disclaimer
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.
Disclaimer
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.