Ren is about to break out . If it does, it also breaks above a weekly level (red lines) at the same time which could become support.
If you look closely, you can see a cup and handle beeing formed, so the first target would be the next weekly resistance line.
Oh, don't mind the little brown lines, thats where i bought my stash;). I'm always too late when I try to buy a breakout, that's why I bought just before.... with a tight stoploss.
Any comment is welcome
If you look closely, you can see a cup and handle beeing formed, so the first target would be the next weekly resistance line.
Oh, don't mind the little brown lines, thats where i bought my stash;). I'm always too late when I try to buy a breakout, that's why I bought just before.... with a tight stoploss.
Any comment is welcome