Short to mid term bullish to historical high of $16

١٥ يناير ٢٠٢٠Hourly chart retraced to 50% level and rally to last high of $17.79.
Failed to break it last a couple of days. But if it does breakout from it, we are looking at $16.4 price target, which happens to be historical high.
I am long on this one, in for stable up trend plus dividend.

١٥ يناير ٢٠٢٠

تعليق

correction - last high of 15.79

١٨ يناير ٢٠٢٠

تعليق

On target to get to 16.14 today, which is 1.38 mark.

١٩ يناير ٢٠٢٠

تعليق

Weekly chart shows $16.14 is 1.318 mark, which would be likely pull back. Daily chart shows 16.3-16.4 is short term price target, which in line with weekly chart.
Interestingly our ATH is also $16.2, which leads to believe the pull back would likely happen once touch the ATH. Effective breakout of ATH and stay above in weekly chart would be ultimately signal to get second order in. Be patient and wait guys! Trade safe.