5/1 Trade profile found with WKHS. BUY $2.96 Target $3.77
Previous 4 month uptrend made prices rise by 4.00, followed by 3 month downtrend.
Price is now attempting to break above $3.00 pivot point where support became resistance during previous moves. With price now in a new forming uptrend and moved out from prior downtrend, look for price to track along support line towards resistance. Leading Indicators have also signaled their setup for new uptrend to proceed. First price target is $3.77 resistance area. BUY at $2.96 SL at $2.80 5/1 odds risk $0.16 to make $0.81.
Dr.RAV