GOR - Bullish Trade Plan

GOR has pulled back as expected and a good buying opportunity may be coming up again. The current pull back is expected to get exhausted and I expect price to turn bullish as this is the 61.8% Fibonacci zone. Any bullish price action at the current zone may be an opportunity to take a long position targeting the recent highs. My initial target would be $1.500, the next resistance level (potential 13% gain) with a stop below the swing low.

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.