$BLUE has been in down trend just recently formed a potential rounding bottom reversal. If price can break through $7.50 then $8 it can head to $11.75 area.
$7.50 is an important resistance area and breaking through that would require quite a push from the bulls.
Target 1 - $7.50
Target 2 - $8.00
Target 3 - $11.00
Risk - fail to get above $7.50. Retreat to $5 area.
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Disclaimer: Not investment advice.
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$7.50 is an important resistance area and breaking through that would require quite a push from the bulls.
Target 1 - $7.50
Target 2 - $8.00
Target 3 - $11.00
Risk - fail to get above $7.50. Retreat to $5 area.
----
Disclaimer: Not investment advice.
If you like this post, follow me and subscribe to my posts for more technical analysis charts.