TA bounced from Kijun Sen line

TA move up after following the two Doji candlesticks and hitting the Kijun Sen line. The 61.8% Fibonacci Retracement level also help support the price. Now at 2.11 per share, it may continue to move up and hit the 2.18 per share resistance or around 78.6% Fibonacci Retracement level. There is still room for buyers to buy some shares since the stock is not yet overbought.

Caveat!

Leave a Reply