Long
SUNEDISON INC SKACAPITAL
Have a bullish harmonic pattern on the monthly/weekly chart with price being at the monthly/weekly support level. We have 4 trend line bounces in the reversal pattern (Falling wedge) with a breakout retest complete. We can possibly see further bullish momentum up to 9.50 then possibly 14.00 where the 200EMA is acting as magnetic resistance.
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Disclaimer
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.