REXPshowing Clear 4hrly bullish divergence, while sitting on a support level. prices seems to make a falling wedge as well
REXP.N0000 trade ideas
REXP | Long ConsolidationThe stock has undergone a 3-month long consolidation within a horizontal price channel. If there is a breakout above 660, it is expected that the stock will reach 730 levels, and even 765 levels to reach Fibonacci retracement of 0.5.
To manage risk, it is safer to have a stop-loss below the previous lower low of 570.
