🤔 This one caught my eye based off the fact it has printed a higher high with this potentially being a higher low. Looks something like an inverse head and shoulder pattern. The green line is the Resistance we would like to see breakout for a move up. I'm adding. I'm risking around 8% SL on this one.
Daily Timeframe
Crossover Strategy: Green Crossover The EMA Dots: 3/3 Green Support Level: 1.19 Resistance Level: Green Line and 1.49
A break above I think we shoot for the 1.49. Which would be a 15% move.
Remember to diversify your capital, especially on penny stocks just in case you do have to take the hit.
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.