Calix, IncLong
CALX - potential bullish reversal
hi traders,
CALX looks good now and may be ready for a bullish reversal and higher prices.
The price reclaimed the key support at 32,50 and broke the downsloping resistance line which may act as support now.
The long position can be taken now and the stop loss can be placed below 32,50.
Fib levels shown on the chart should be acting as resistances so take profit should be taken on the way up.
Final target: 77$
Good luck
CALX looks good now and may be ready for a bullish reversal and higher prices.
The price reclaimed the key support at 32,50 and broke the downsloping resistance line which may act as support now.
The long position can be taken now and the stop loss can be placed below 32,50.
Fib levels shown on the chart should be acting as resistances so take profit should be taken on the way up.
Final target: 77$
Good luck
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