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RCON- Hold My Beer
Recon Technology, Ltd.
Long
RCON- Hold My Beer
By Master_of_Fine_Charts
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Nov 19, 2020
0
Nov 19, 2020
This is a very kick ass setup that has the potential to go parabolic. The float is microscopic at 4.2M shares and the energy is getting hot.
The price closed above the 61.8% fib ($1.14) which was prior resistance. Also it broke out of the descending trend line on the weekly.
Last but not least the MACD cross is bullish AF. Love the MACD indicator.
Technical Indicators
Trend Analysis
Master_of_Fine_Charts
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