We see so many bad news agains CTRC together with the market move pushing the price go down so far. However; there is always a chance for a bounce back even bankruptcy company stock price still be able to have the last up wave. Here, I strongly believe that we will have the last wave to fill the gap until it hit ma200 (not a fully gap).
This is of course, very risky trade, but high risk = high reward.
Look like it already reached the bottom price but we still have to wait for the RSI to confirm the signal for buy zone. As long as RSI hit 30 and in smaller time frame, we have upper curve, that is a buy.
Take your own risk!
This is of course, very risky trade, but high risk = high reward.
Look like it already reached the bottom price but we still have to wait for the RSI to confirm the signal for buy zone. As long as RSI hit 30 and in smaller time frame, we have upper curve, that is a buy.
Take your own risk!
Comment:
Price hit 0.35-0.36$ and it is wonderful. But I still expect another bounceback for second target