Potential short term reversal on MNCN with RSI bullish divergence and double bottom. The price relatively at the same price level from previous swing low while oscillator (RSI) making higher low, so this can be a medium bullish divergence reversal until it confirm. Stop area and potential sell area shown in the chart. The target price only valid if the bullish divergence has been confirmed.
note: This is not recommendation! This analysis merely my self journal in learning and practicing technical analysis.
*Disclaimer On
note: This is not recommendation! This analysis merely my self journal in learning and practicing technical analysis.
*Disclaimer On