S08 - Potential breakout of descending channel - Accumulation
S08 provides digital services, such as logistic services and e-commerce in Singapore and other regions.
The stock has been in descending channel after the fallout of bearish 3 drives (not shown in current view). Current price is on MA50 with positive RSI. Volume trading appears to be in accumulation.
Do you think this rise to $1 or pull back to $0.9? Let me know in the comments section! :)
Note: This is not financial or investment advise. It will be good to always understand the risks involve in trading. Always trade with stop loss in place. If you like the analysis, please click on "thumbs" u; "like" button. Thank you.
The stock has been in descending channel after the fallout of bearish 3 drives (not shown in current view). Current price is on MA50 with positive RSI. Volume trading appears to be in accumulation.
Do you think this rise to $1 or pull back to $0.9? Let me know in the comments section! :)
Note: This is not financial or investment advise. It will be good to always understand the risks involve in trading. Always trade with stop loss in place. If you like the analysis, please click on "thumbs" u; "like" button. Thank you.
Trade fechado manualmente
Break out downwards - pattern void
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.