A week ago I made an analysis on ROSE and the pending break out.
Target 1 got reached fairly easily. After a successful re-test of the top trend line of the pattern, ROSE is seeing a very strong upward move, where it found resistance on the first target.
I'm expecting the price to continue the bullish push in the coming day or so, potentially re-testing the $0.20 support.
Main target at $0.25, might even hit $0.3 if the price picks up like in September.
Happy trading!
Target 1 got reached fairly easily. After a successful re-test of the top trend line of the pattern, ROSE is seeing a very strong upward move, where it found resistance on the first target.
I'm expecting the price to continue the bullish push in the coming day or so, potentially re-testing the $0.20 support.
Main target at $0.25, might even hit $0.3 if the price picks up like in September.
Happy trading!
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