SHORT TERM TRADE - REACH - BUY ON BREAKOUT

REACH has been rallying for the past few days and has reached critical junction Resistance 1 (R1) with a Doji, while RSI is in the early bullish region >50%. If price break above R1, there is potential to reach R2 with sustained momentum. take regular profits, preferably at 50% and 78% from target.

If price failed to break R1, possible it will test S1 and potentially forming descending triangle chart pattern. If S1 failed to hold, next support will be S2.