Open Text Corporation has been in an uptrend.
The price is close to the upsloping support therefore it may be a good entry for a long position
Target: 47,50$
The price closed below the channel but it came back inside the channel again so the uptrend continuation is likely.
However another close below the channel could be a sign of the trend reversal and it would be an invalidation of this trading idea.
Good luck
The price is close to the upsloping support therefore it may be a good entry for a long position
Target: 47,50$
The price closed below the channel but it came back inside the channel again so the uptrend continuation is likely.
However another close below the channel could be a sign of the trend reversal and it would be an invalidation of this trading idea.
Good luck
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