Could be an interesting share to watch, and a possible long. Counter trend trade.
Coming into a long term support area
Double bottom
Bullish candle on the daily chart
Divergence on the RSI for the daily chart
Great risk to reward of 1/4 before it would be some resistance and last big sell off.
Would wait for a second bullish candle and a rise up on the RSI.
Coming into a long term support area
Double bottom
Bullish candle on the daily chart
Divergence on the RSI for the daily chart
Great risk to reward of 1/4 before it would be some resistance and last big sell off.
Would wait for a second bullish candle and a rise up on the RSI.