This stock is awakening. After long bear market for this stock, there is apparently an accumulation zone created. The volatility is getting lower and lower. To me it looks like the bulls are getting back. Idea with target on the charts. NFA, GL
Not sure what this company does but volatility is A+. Got distracted and didn't capitalize on this obvious price action like I should have....but had a decent long earlier this year. Small size long here, something stopped the downward momentum and worth a punt. Not advise, good luck.
The price is currently confined below the red trend. As you can see there is head and shoulders pattern, positive sign. The price is currently centered under the channel. In order for the price to be freed from this area, it must break the descending trend in red. Then break the neckline shown in red. Perhaps it reaches Anchored VWAP and may give us a new bottom....
It must break the trend, the entry point on the chart.