Forming a typical falling wave pattern, and breaking supports. Could rise up to the $5.0, but all rise must be sold. Very likely to go below $1.15
Trade closed: target reached
Sona touched $0.2 today. Reached the support band that had propelled it to highs in 2020. It is bounced after touching lows, a typical covering after a selloff. It may likely correct further and settle around $0.2, but there is not enough meat left in this anymore. It had its run but now rest in the abyss.
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.