REVO - possible W formation after double bottom
Mis à jour
REVO was trying to breakout in Feb 2021 but due to overall red tech markets and an excessive sellout it dropped under 0.30 CAD $.
The chart looks strong and healthy at the moment. Currently REVO is highly oversold.
MACD lines might be crossing soon which could generate a bullish signal.
One possible scenario:
After two subsequent successful tests of support levels around 25-26 cents earlier this year, a reversal and upcoming W chart formation is realistic to me.
The chart looks strong and healthy at the moment. Currently REVO is highly oversold.
MACD lines might be crossing soon which could generate a bullish signal.
One possible scenario:
After two subsequent successful tests of support levels around 25-26 cents earlier this year, a reversal and upcoming W chart formation is realistic to me.
Ordre annulé
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.