After a high decline from the IPO, GOCO starts to move.
GOCO is in a downtrend which started after the IPO and now it looks like an H & S pattern is forming.
1. if we will close above 14.6 today we will have a higher high and the downtrend will turn into an uptrend.
2. if we will close above 14.6 we will break down the down trendline.
3. The volumes are starting to show bullish signs.
4. The rsi shows bullish divergence.
Like and follow if you like (:
Thanks,
GOCO is in a downtrend which started after the IPO and now it looks like an H & S pattern is forming.
1. if we will close above 14.6 today we will have a higher high and the downtrend will turn into an uptrend.
2. if we will close above 14.6 we will break down the down trendline.
3. The volumes are starting to show bullish signs.
4. The rsi shows bullish divergence.
Like and follow if you like (:
Thanks,
SL: 12.68