SAPNRG Weekly EW

We had seen a good rejection at 0.035 for the stock in which it closed the past week with bullish engulfing candle. However, the selling pressure for the stock is still yet over. As such, i personally opined that the price will be stagnant untill the realization of ICPS presumably by end of February this year.

HTF: Uptrend
LTF: Natural

Long 0.045
TP 0.100

*This sharing of analysis shall not be treated as financial advice. Trade at your own risk.*