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Strategy: Triangle Breakout Strategy
Bias: Bullish, JCY was a hot stock 2 months ago and experienced a triangular consolidation for the past 2 months. Today it hit the support of 0.300, closed at 0.320. Symmetrical Triangle Formation was observed. The QR result announced lately was satisfied. If the momentum sustained, SWC believes there will be a positive movement in near term.
Support: 0.315, 0.300
Resistance: 0.340, 0.350
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Strategy: Triangle Breakout Strategy
Bias: Bullish, JCY was a hot stock 2 months ago and experienced a triangular consolidation for the past 2 months. Today it hit the support of 0.300, closed at 0.320. Symmetrical Triangle Formation was observed. The QR result announced lately was satisfied. If the momentum sustained, SWC believes there will be a positive movement in near term.
Support: 0.315, 0.300
Resistance: 0.340, 0.350
If you find this analysis is helpful, kindly Like and Comments!
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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.
Exención de responsabilidad
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.