SHORT / MEDIUM TERM - YEE LEE BUY NEAR SUPPORT

4 ביולי 2018

YEELEE a profitable company, has been trading within descending triangle chart pattern while RSI is heading into the bullish region 50%. Recent buying interest emerged, and there is a potential that price will attempt R1 while RSI is above 50%. If price break above R1, there is potential to reach R2 with sustained momentum. take regular profits, preferably at 50% and 78% from target.

If price failed to break R1, possible it will test S1 and potentially trading sideways.