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Strategy: Triangle Breakout Strategy
Bias: Bullish, JCY was a hot stock 2 months ago and experienced a triangular consolidation for the past 2 months. Today it hit the support of 0.300, closed at 0.320. Symmetrical Triangle Formation was observed. The QR result announced lately was satisfied. If the momentum sustained, SWC believes there will be a positive movement in near term.
Support: 0.315, 0.300
Resistance: 0.340, 0.350
If you find this analysis is helpful, kindly Like and Comments!
Strategy: Triangle Breakout Strategy
Bias: Bullish, JCY was a hot stock 2 months ago and experienced a triangular consolidation for the past 2 months. Today it hit the support of 0.300, closed at 0.320. Symmetrical Triangle Formation was observed. The QR result announced lately was satisfied. If the momentum sustained, SWC believes there will be a positive movement in near term.
Support: 0.315, 0.300
Resistance: 0.340, 0.350
If you find this analysis is helpful, kindly Like and Comments!
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.