1. Assessment on overall trending
This Company is in overall uptrending
2. Assessment on the financial status
This company show excellent growth quarterly as well as annually
3. Since 19 March, the price is showing uptrend , and manage to bounce against this trend line.
4. Recently, it was receiving price rejection at 1.7,making it a recent resistance
5. I observed a rally up/rally down signal through the triangle price consolidation method.
6. Knowing that this price already at 1.62 which is previous resistance for price on April 7, I project that this price will have an upward rally to find the next resistance at 1.7. The reduction on the volume which is reducing somehow align with my hypothesis.
7. My plan would be buying at 1.62 , and selling it at 1.7. If this projection is correct, it would yield 4.9%
8. If you optimistic, you can sell at 1.72 to yield 6.1%
This Company is in overall uptrending
2. Assessment on the financial status
This company show excellent growth quarterly as well as annually
3. Since 19 March, the price is showing uptrend , and manage to bounce against this trend line.
4. Recently, it was receiving price rejection at 1.7,making it a recent resistance
5. I observed a rally up/rally down signal through the triangle price consolidation method.
6. Knowing that this price already at 1.62 which is previous resistance for price on April 7, I project that this price will have an upward rally to find the next resistance at 1.7. The reduction on the volume which is reducing somehow align with my hypothesis.
7. My plan would be buying at 1.62 , and selling it at 1.7. If this projection is correct, it would yield 4.9%
8. If you optimistic, you can sell at 1.72 to yield 6.1%