Formation Imminent - Daily Interval - XRF
Hello Successful Traders,
The stock (XRF) is manifesting strong implications of an trend reversal, considering the Relative Strength Index (RSI) was hovering below the oversold value (20), as well as numerous trend lines pinpointing a bounce towards the upside. Await confirmation prior to entering the market (validation and verification is salient).
Resistance Level 1 - (1.45 - 2.15) 70 cent interval
Key Price Zone (KPZ) - (0.50 - 1.15) 60 cent interval
Support Level 1 - (0.00 - 0.35) 35 cent interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Conscientious and Stick To Your Trading Plan)***
-LionGate
The stock (XRF) is manifesting strong implications of an trend reversal, considering the Relative Strength Index (RSI) was hovering below the oversold value (20), as well as numerous trend lines pinpointing a bounce towards the upside. Await confirmation prior to entering the market (validation and verification is salient).
Resistance Level 1 - (1.45 - 2.15) 70 cent interval
Key Price Zone (KPZ) - (0.50 - 1.15) 60 cent interval
Support Level 1 - (0.00 - 0.35) 35 cent interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Conscientious and Stick To Your Trading Plan)***
-LionGate
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