A breakout happened as was predicted. Price already tested the support line. Buy above the support line
After an unsuccessful cup & handle pattern due to the market dump, SXP is gaining strength to break resistant zones. It entered a rising channel. There might be some challenge on its way towards going up.
*Not financial advice* SKL formed a triangle with support at 0.50$, followed by a breakout. A short-term TP of 0.85$ with support at 0.65$ is expected.
Not too much complicated.
It's forming a triangle pattern under a psychological level. In case of no crazy dump or pump in the market, you can have a reliable trade.