Clear Buy Signal - Fake Out at 6.28 - Strong Bullish Reversal IB
All indicators are extremely oversold, MACD showing bearish sentiment, however, we believe this to be a fakeout. Expect a strong Bullish reaction week ending. We expect bullish break up to 8.30 - 8.55 per share. The need for reassessment will be performed once certain price points reached.
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