Bounce from support technical possible

  1. 1,010 Posts.
    lightbulb Created with Sketch. 189
    Price showing signs of finding support at its breakout level (from July) of 2.29. A hammer & inside bar are signs of buying pressure & rejection of this level. On the big picture, the 61.8% retracement of the entire low to high move is 2.36. Please refer to enclosed chart.
    First target around $3.
    Cheers 1pg.JPG
    Last edited by TTrader: 10/12/15
 
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