Terrible liquidity of a stock.
The bias is bullish with higher lows and a Cup and Handle in the process...
We still need to price to break above the brim level, before we confirm the upside.
RSI is below 50 - which is not great but considering the high volatile low liquid nature of the stock, we can only expect it to move like this.
I remain optimistic and bullish with this...
The bias is bullish with higher lows and a Cup and Handle in the process...
We still need to price to break above the brim level, before we confirm the upside.
RSI is below 50 - which is not great but considering the high volatile low liquid nature of the stock, we can only expect it to move like this.
I remain optimistic and bullish with this...
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
www.facebook.com/groups/matitrader
🌐Website:
www.timonandmati.com
💰FREE Discord:
discord.gg/c8f37kyv35
Twitter:
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)