CDEV UPDATE - up to 2.8x - 2.9x
Updated
It looks like a cup and handle pattern here, with the chance to go up until $2.9 by the end of july or early August.
MACD show a bearish trend but not really strong it could reverse in following days, also StochRSI shows we're on the bottom of the oscillation movement, eventually it will go up, also the volume is decreasing so, soon will be a nice option to buy.
The price is already a good buy opportunity it's below EMA13 and 26
If the C&H pattern is confirmed, I think this could rise up to 2.9X tops, but, this is not an investment advice.
MACD show a bearish trend but not really strong it could reverse in following days, also StochRSI shows we're on the bottom of the oscillation movement, eventually it will go up, also the volume is decreasing so, soon will be a nice option to buy.
The price is already a good buy opportunity it's below EMA13 and 26
If the C&H pattern is confirmed, I think this could rise up to 2.9X tops, but, this is not an investment advice.
Trade closed: stop reached
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