This scrip had fell almost 40% from its peak in one month and i just see this as a profit booking as this scrip had rallied 1200% from its lows.
I suggest to long this scrip because there was a Rsi Divergence in a Daily Timeframe which gives us a long signal and also it brokeout from the correction trend line as well. So i expect this scrip to reverse its trend from now as it was already at the oversold zone.
I suggest to long this scrip because there was a Rsi Divergence in a Daily Timeframe which gives us a long signal and also it brokeout from the correction trend line as well. So i expect this scrip to reverse its trend from now as it was already at the oversold zone.