Potential double bottom.
Atualizado
Just an idea, potential double bottom on .382 fib retracement.
Maybe descending triangle forming ?
Anchored VWAP from 07 low shows the lower deviation band has been an attractive buy in level.
Maybe descending triangle forming ?
Anchored VWAP from 07 low shows the lower deviation band has been an attractive buy in level.
Nota
day chart shows break out of falling wedge, impressive volume ( highest since in almost two years) targeting the .236 at $15.80 and the downsloping resistance line to what appears to be a descending triangle.
200 MA daily TF at $11.62, will be interesting to see PA around this level.
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