UnknownUnicorn940307

Falling Knife

Long
UnknownUnicorn940307 Aggiornato   
NASDAQ:GWPH   None
4
After breaking through the EMA 200 GWPH can be seen as a falling knife. Typically, the actual downwave will reach down to the min. correction fibo @ 98,95. Here a counterove could start with TP = BO-Level = 111$.
Trading above 111-115$ would be a great bullish Signal. TP1:119 / TP2: 135
Trading below the 38,2 means aiming 86,93$
Watch the RSI, he is near a buying signal
Commento:
is thisa bottom? the candles are nearly bullish
Commento:
Is this a double bottom?
Commento:
Commento:
YES
Commento:
nice ! tested exactly the EMA 200, a healthy consolidation could start soon... a test of 106/104,75 is thinkable..but if we could recapture the level 112, a further upwave could be exspected
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