After hitting the $0.45 area around three weeks ago, ROSE has seen a very strong bearish correction, climaxing last weekend.
However, the last dip towards $0.2 caused a very strong bullish reversal. During this reversal, an inverse head & shoulders pattern has appeared on the chart. Inverse head & shoulders patterns are classically bullish patterns.
Targets placed at recent lows and highs.
Happy trading!