Buy opportunity
Buy Signal:
Entry: Around $67.94 (current level) if bullish confirmation is observed, such as a strong candlestick reversal or increased volume near the support zone.
Target: $77.36 as the first target and $80.09 as the second target.
Stop-Loss: Below the support zone at $64.50 to minimize risk.
Risk/Reward Ratio:
Risk: ~$3.44 (entry at $67.94, stop-loss at $64.50).
Reward: ~$12.12 (target at $80.09).
Entry: Around $67.94 (current level) if bullish confirmation is observed, such as a strong candlestick reversal or increased volume near the support zone.
Target: $77.36 as the first target and $80.09 as the second target.
Stop-Loss: Below the support zone at $64.50 to minimize risk.
Risk/Reward Ratio:
Risk: ~$3.44 (entry at $67.94, stop-loss at $64.50).
Reward: ~$12.12 (target at $80.09).
GODO Capital Markets
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