Another long based on diminished sell bias/placing over-hang.
Plenty of hype around this share + long term symmetrical triangle formation.
RSI trending up and price action following.
Entry 2.5p, Stop 2.2p & target of 3.75p gives a R:R of 1:45 (L13% vs P53%).
#EQT - Channel based long.
TA Rationale for buy - I looking for a replication of the bounce off the lower channel and RSI increase - Feb 20 bottom @ 5.25p to Feb 28 top @ 9.25 (see first green arrow).
Fundamental rationale for buying - placing at 6.5p overhang and sell bias appears to have cleared and ask price continued to rise throughout the session.
Entry...
