IH2O is consolidating around 200dma, which is also right in the middle of what was a long 2H19 consolidation. Price action so far supported by 50dma, I'm bullish with a target of 3750 - where the Feb/Mar sell-off continued.
Nota
A fake breakout above and fake breakdown below have happened since. Fingers crossed the next move is the real one upwards.
Operación cerrada: objetivo alcanzado
Target reached. Tested 3754 and rejected. Will have to build until next move to 3860.
Nota
As expected the foray above 3755 did not last long. This is a good sign however for a future bullish move.
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.