20sma has been supportive since mid-april, today is a great opportunity for an entry at the current level.
Risk-Reward-Ratio is fantastic if you place a stop-loss-limit below the 20sma.
We are also seeing past resistance from early August, which is now coinciding with current support level.
RSI has not broken 50 since then.
OBV has been up-trending since.
Good luck!
Risk-Reward-Ratio is fantastic if you place a stop-loss-limit below the 20sma.
We are also seeing past resistance from early August, which is now coinciding with current support level.
RSI has not broken 50 since then.
OBV has been up-trending since.
Good luck!