BNGO:
The situation is still ambiguous. On the one hand, we have the gap at 6.87. On the other hand, we have solid support at 7.50.
The following applies:
I would like to fill the gap. But that is not a must have. However, if we don't fill it, it acts like a magnet. A break below 7.50 would give an initial signal that the market would fill the gap. On the other hand, I also see up signals. If its go up from here, we have to come above 8.20 and build strength there.
Targets above:
$ 9.00
$ 10.46
--> ATH $ 15.66- 20$
The situation is still ambiguous. On the one hand, we have the gap at 6.87. On the other hand, we have solid support at 7.50.
The following applies:
I would like to fill the gap. But that is not a must have. However, if we don't fill it, it acts like a magnet. A break below 7.50 would give an initial signal that the market would fill the gap. On the other hand, I also see up signals. If its go up from here, we have to come above 8.20 and build strength there.
Targets above:
$ 9.00
$ 10.46
--> ATH $ 15.66- 20$
