Transcap bottomed and could go up from here to R2.11
RISKY ANALYSIS alert.
It looks like the bottom is in for Transcap. But the downtrend is strong and there is a prominent resistance line that definitely needs to break first.
Also it's a medium analysis because the Price>20 but<200MA
We have a small W Formation that has formed and price has broken above the neckline.
So I have a small target of Target R2.87.
The analysis will play as long as the support holds at R2.11.
It looks like the bottom is in for Transcap. But the downtrend is strong and there is a prominent resistance line that definitely needs to break first.
Also it's a medium analysis because the Price>20 but<200MA
We have a small W Formation that has formed and price has broken above the neckline.
So I have a small target of Target R2.87.
The analysis will play as long as the support holds at R2.11.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.