Momentum building up seen on MACD histogram coincide MACD buy signal above zero level. Our view is still Bullish as the stock is trading above the uptrend line, breaking a Pennant with a strong Bullish candle as continuation buy signal. The stock could be reaching Fibonacci resistance at 2.79 before making the next correction/reversal.
Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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