Rock Bottomed for the Non-energy Mineral Company - Take 2!

2020年5月14日

** Likes and Comments are appreciated! May the new Subscribers' next trade be super profitable! **

What I see...
+ Found Support after another >50% loss this year
+ Moved side way since mid-March with a rising Support line
+ Earnings in mid-April confirms Support
+ Prices is retesting the $9 resistance line since early May with contracting vol.!
+ Bullish RSI at 51 and rising
+ MACD is in positive territory
+ Prices found support at 50MA
+ Hammer off of a downtrend with high vol.

- Still under the 10MA
- Overall, a very weak stock
- Both 10 and 50 MA are below 100MA

What I setup...
+ Long entry at high-$8
- Stop at under the bottom of the Hammer
+ Target at $11 - next obvious resistance level

2020年5月18日

取消訂單

Missed entry; cancelling setup.