Hey DmitriMA :) welcome aboard, I normally use EMA but looking...

Hey DmitriMA welcome aboard,

I normally use EMA but looking at the MA

it touched the 200 day MA on 2nd May 2023 before coming back below

prior to that the last time was all the way back to 30 June 2021.

looks like were not far off another test at $1.94 as you say

is it fair to say your technical view is that you are expecting a breakout above the 200 day MA with a target of $2.40 and what timeframe do you have in mind for the trade/target??? I ask as your target and my first target are the same .. if the target came quick in absence of any actual sale news (just attempts to date) id be inclined to do the prudent thing and take some of my position off the table at around the target, a maximum of half and let the rest ride.