This baby has bounced up to 20% within a week and now it is taking profit with reducing volume. This could be a potential Bullish Flag but need to be cautious as it could be a 2 sided blade.
Uptrend with Bullish Flag
MACD - 4R1G - Bearish -- It could be due to profit taking or big fish getting out from the boat
RSI - Reducing toward 70 - A bit bearish
Sto - Bearish Crossover
Entry at = 2.42
Stop Loss 2.32
Take Profit 2.5, 2.6 and 2.86( Bullish Flag Profit)
Uptrend with Bullish Flag
MACD - 4R1G - Bearish -- It could be due to profit taking or big fish getting out from the boat
RSI - Reducing toward 70 - A bit bearish
Sto - Bearish Crossover
Entry at = 2.42
Stop Loss 2.32
Take Profit 2.5, 2.6 and 2.86( Bullish Flag Profit)
