Outlook
Price closed yesterday above the cloud. This could be the start of a new uptrend for price. Conversion and Base lines had a bullish crossover, hinting of a bullish price trend ahead. MACD is bullish and there was bullish crossover earlier. We think price is likely to move higher to test the previous high at $4.74.
Strategy
$4.40 Buy
$4.74 Price Target
$4.27 Risk Management Stop
3 weeks Trade Duration
