ISTONE (27/11/2020) on sideway move
ISTONE seems to be making sideway movement between 0.200-0.245 in the past few months. Strong resistance is observed at 0.255.
In H2 chart, MACD signals a breakout about to happen, with RSI showing some momentum.
A safer quick entry would be to wait for price to reach support @ 0.220 or 0.200 and wait for Stochastic signal to ride the sideway.
ISTONE is huge stock with 1221M shares compared to its competitor K1 of 782M shares. This could slows down the price action without any catalyst to push it up.
TAYOR
In H2 chart, MACD signals a breakout about to happen, with RSI showing some momentum.
A safer quick entry would be to wait for price to reach support @ 0.220 or 0.200 and wait for Stochastic signal to ride the sideway.
ISTONE is huge stock with 1221M shares compared to its competitor K1 of 782M shares. This could slows down the price action without any catalyst to push it up.
TAYOR
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