Price stablisation pending news to support direction
Recent hype has pushed this stock up exponentially given successful news of their trial to target cells to eliminate AIDS, but what goes up must come down, so expecting it to hover close to the green support line and for its RSI to drop below..
76-89 RSI expect a pullback (reliable)
36-39 RSI expect a rebound (only two indicators)
Not enough data for a strong indication, but a rough estimation shows support at 24.5c.
My guess is that it will bounce between 21c-28c and go either up if more good news released, or break this support and fall to around 16c-20c
Also notice the big pump to 44c and dump to 31c. This stock is highly manipulated. Becareful trading.
Given the nature of this stock, it is very high risk, but if you get a good entry, it's hype and pump will certainly bring more good news, or bad news cleverly disguised as good or okay news to hype it up more. Becareful of profit taking that will burn you.
76-89 RSI expect a pullback (reliable)
36-39 RSI expect a rebound (only two indicators)
Not enough data for a strong indication, but a rough estimation shows support at 24.5c.
My guess is that it will bounce between 21c-28c and go either up if more good news released, or break this support and fall to around 16c-20c
Also notice the big pump to 44c and dump to 31c. This stock is highly manipulated. Becareful trading.
Given the nature of this stock, it is very high risk, but if you get a good entry, it's hype and pump will certainly bring more good news, or bad news cleverly disguised as good or okay news to hype it up more. Becareful of profit taking that will burn you.
Feragatname
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