X Potential Reversal

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Hello traders, this is my first idea published, I hope you enjoy it and get value from it.

X recently sold off because of upcoming earnings.
X offers a 50% ROI if it makes a full recovery from its current price to its high.

Technical Analysis:
The Macd and the Rsi indicate that X is oversold

And now I am waiting for confirmation of a reversal when it breaks through the trendline and the EMA's crossover I will proceed to place a buy order.

Hope you enjoyed this quick analysis!