SPMD should rebound and target 0.655 after beating resistance

2024년 1월 12일

1-hour chart, the stock (Speed Medical, Egypt) is trading in a falling expanding wedge pattern, and is getting into technical indicator RSI buy area.

The Ichimoku chart signals a change to up-movement.

So, the higher probability is a rebound to the resistance line. After crossing up, the target will be 0.655

2024년 1월 15일

액티브 트레이드

Exactly.. tested the resistance line. We need some more power to cross up.

2024년 1월 16일

액티브 트레이드

The stock crossed the resistance line, then a re-test back should happen before going upwards to the target