VictorSinvest

Meeting long term resistance line on RSI

OMXSTO:MAHA_A   MAHA ENERGY AB
As seen on the indicator: "RSI" Maha has a very clear resistance line. As of today, 29/12/2019, I find it fitting for a potential retracement which also is because of the Fibonacci Retracement 0.618 line causing resistance. MAHA is still in a very strong uptrend with a massive primary trend of about 35%. I expect a rather small retracement without selling my position unless I see a closing price under 22.5
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