MINHO [06/06/2022]
[Short term | Short-mid term]
Resistance 0.365, 0.38, 0.40
Support 0.325
Risk: 7%
Strong breakout from its sideway and formed a hammer candlestick today on last Friday.
MA 20 is downtrending while MA 50 is going to turn downtrend soon but price is standing right at MA 50. It needs to breakthrough MA 50 to confirm its short term uptrend.
Volume is flowing in slowly and continuously to confirm its breakout signal. Take 0.325 as your support if you're looking to enter.
@WealthoryStockTrading
