Shooting star reversal on the daily - potential trend reversal
If the much anticipated contract award is not announced tomorrow, could expect a re-test of the 50 EMA support around the $21.54 as soon as this week.
Trade closed: target reached
The target has more or less been reached. Now awaiting whether this falls lower or consolidates at the 50 EMA support.
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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.