Formation Imminent - Daily Interval - XRF

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Hello Successful Traders,

The stock (XRF) is manifesting strong implications of an trend reversal, considering the Relative Strength Index (RSI) was hovering below the oversold value (20), as well as numerous trend lines pinpointing a bounce towards the upside. Await confirmation prior to entering the market (validation and verification is salient).

Resistance Level 1 - (1.45 - 2.15) 70 cent interval

Key Price Zone (KPZ) - (0.50 - 1.15) 60 cent interval

Support Level 1 - (0.00 - 0.35) 35 cent interval

Not Investment Advice. For Educational and Analytical Purposes Only. (Be Conscientious and Stick To Your Trading Plan)***

-LionGate

Aviso legal

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