Daily chart, the stock is trying to beat the Resistance line R.
Some correction may happen between 0.618 - 0.600 and rebound afterwards to test the Resistance line R.
Above Resistance line R (crossing at around 0.670), the target will be 0.770 then 0.920
Stop loss below 0.600 should be considered.
Some correction may happen between 0.618 - 0.600 and rebound afterwards to test the Resistance line R.
Above Resistance line R (crossing at around 0.670), the target will be 0.770 then 0.920
Stop loss below 0.600 should be considered.