SPAR - Analysis
The stock reached our previous long target (link below) and has run into some resistance at the 200dma.
Bulls tried to break out but failed forming a 2b reversal pattern. The R105 level needs retesting so i will be looking weakness towards that level. R111 will key level to break for the bears.
Macd crossover + RSI off overbought .
https://www.tradingview.com/chart/SPP/bqJLlw7j-SPAR-Looking-for-a-Breakout/
Bulls tried to break out but failed forming a 2b reversal pattern. The R105 level needs retesting so i will be looking weakness towards that level. R111 will key level to break for the bears.
Macd crossover + RSI off overbought .
https://www.tradingview.com/chart/SPP/bqJLlw7j-SPAR-Looking-for-a-Breakout/
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