After filling the gap created by the drop in March, an Evening Star Reversal has formed on the daily indicating a possible bearish reversal. Price also failed to close above 50% Fibs. A Shooting Star has also formed on the 3Day tf and a Doji on the monthly. The OBV is also looking very weak on the monthly as well. With all signs leading to the bears, this is my trade plan:
Entry: $2.69
Stop: $2.77
Target Price #1: $2.58
Target Price #2: $2.40
Entry: $2.69
Stop: $2.77
Target Price #1: $2.58
Target Price #2: $2.40