๐ฏ IH&S Test Breakout. (SPRT)
๐ค This one caught my eye based off the fact it has printed a higher high with this potentially being a higher low. Looks something like an inverse head and shoulder pattern. The green line is the Resistance we would like to see breakout for a move up. I'm adding. I'm risking around 8% SL on this one.
Daily Timeframe
Crossover Strategy: Green Crossover
The EMA Dots: 3/3 Green
Support Level: 1.19
Resistance Level: Green Line and 1.49
A break above I think we shoot for the 1.49. Which would be a 15% move.
Remember to diversify your capital, especially on penny stocks just in case you do have to take the hit.
Have an awesome day! โ
๐ฅMLT | MAJOR LEAGUE TRADER
Daily Timeframe
Crossover Strategy: Green Crossover
The EMA Dots: 3/3 Green
Support Level: 1.19
Resistance Level: Green Line and 1.49
A break above I think we shoot for the 1.49. Which would be a 15% move.
Remember to diversify your capital, especially on penny stocks just in case you do have to take the hit.
Have an awesome day! โ
๐ฅMLT | MAJOR LEAGUE TRADER
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