Multi timeframe analysis, interesting stock here. Currently locked in a distinguished downtrend channel.
Day chart is showing a breakout of falling wedge, bullish reversal however directly above is channel resistance.
RSI approaching overbought levels, trading above 10SMA.
Will likely see resistance around the 14.77 level, around the 8 level appears a good buy to start building a position
Day chart is showing a breakout of falling wedge, bullish reversal however directly above is channel resistance.
RSI approaching overbought levels, trading above 10SMA.
Will likely see resistance around the 14.77 level, around the 8 level appears a good buy to start building a position
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