Bandevo
Initial BreakoutAfter long downtrend with strong bearish momentum, price made an initial breakout. it is the triggered signal for the stock to change direction. The breaking point is 0.8094. The target price movement is 0.9881. If the price can break 1.0878, it will go higher.
This analysis used custom indicator. Any inquiries, please text in comment section.
Strong UptrendFrom the movement of price, we can see the price already broke sideways area. After that it form triangle as manipulation pattern to trapped retailer. Once again, the price broke the triangle form with high volume telling us the movement of big trader inside this stock. the breaking point is 0.0375. The target of price movement is 0.0702.
This analysis used custom indicator. Any inquiries, please text in comment section.
Triangle and box breakoutWaiting for breakout. Triangle and box have been formed and can be the reason of increasing bullish momentum.