Though it is possible for it to retrace at the resistance level, I am of the view that the upside is more likely judging from the recent price action. Selling seems to be over and there is strong support at 20.10 as well.
Wait for the price to breakout of 23.47 level, retrace and initiate a buy position.
Praise Lord. As his blessings continued to shower on us, the price action moves in accordance to the bullish direction. The resistance at 23.47 has been broken.
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revisiting the support at 20.10 again, the 4th attempt. Selling seems to slow down now, let's see if it will reverse the trend tonight or early next week.
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very nice bullish candle.
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take profits
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can you see a similar pattern displayed here ?
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praise the lord. congrats to those who are still holding to this stock.
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