We can see that the weekly chart is showing some exhaustion on the sell pressure. The daily has a bit of a heartbeat today breaking over the 20ema/ma.
Looking to see the weekly SARs flip underneath to support price, and a break over the T Line (EMA8) on the weekly to confirm a trend change.
If there is a solid break, targets (based on current price but will change) would be:
Weekly 20ema - 2.04
Weekly 50ema - 2.53
Weekly 100ema - 3.24
Anything over would just be cream. Unless they finally go phase 3 for endoxifen, but I'm sticking to TA.
Looking to see the weekly SARs flip underneath to support price, and a break over the T Line (EMA8) on the weekly to confirm a trend change.
If there is a solid break, targets (based on current price but will change) would be:
Weekly 20ema - 2.04
Weekly 50ema - 2.53
Weekly 100ema - 3.24
Anything over would just be cream. Unless they finally go phase 3 for endoxifen, but I'm sticking to TA.