Hi folks, Yurii Domaranskyi here. Let's take a look at the chart.
We have an all-time low, sharp approach to the level, after a false breakout of 4.82 price level no move down and the stock closed near the level. Looks strong.
Potential risk/reward ratio = 1 to 5.09 meaning that I'm risking a 100$ with a possibility to make 509$
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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.