Bloom continue to bloom

After heading for the upper end, BLOOM continue to rise and close above the resistance zone. This is now our newly found support. BLOOM will now try to reach another level which is the 50% Fibonacci Retracement level. But aside from this resistance, we also have the 200-day SMA line that may hinder price from going up. RSI or Relative Strength Index has just reached 70.

Don’t forget we can also have a test of support.

Caveat!

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