ROSE has been one of the major gainers of the last couple of weeks. Ever since ROSE hit the macro bullish resistance line, we've been trading slightly bearish.
This is normal for assets which have pumped hard recently.
In my view, ROSE is still looking bullish. The bearish channel will likely end up being a bull-flag, so wait for the top resistance to break.
Short-term targets placed at 0.105 and 0.11
This is normal for assets which have pumped hard recently.
In my view, ROSE is still looking bullish. The bearish channel will likely end up being a bull-flag, so wait for the top resistance to break.
Short-term targets placed at 0.105 and 0.11
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