AITX Gap Down on Market Correlation Nice Entry
AITX gap down open at 0.13 today in correlation with the rest of the market as risk averse traders closed positions prior to comments by Fed Chief in the Senate. The price managed to recover over the day to a +3% and nipping at the heals of our upward channel. I suspect we will continue with the upward trend making this a great entry point. A close above 0.16 and we could see the formation of a reverse head and shoulders and a move up to retest 0.19 resistance.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.