$GIGGLE is pulling back after a 30% run from 29.83 to 36.80. The price is now testing the 32 level.
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Short Setup $GIGGLE
Trigger Zone: 32.00 – 33.00
Targets: 30.00 – 29.00
Risk Cut: 34.00
$GIGGLE is trading at 32.05 after a strong rally that peaked near 36.80. The rejection from the high and the current pullback suggest sellers are stepping in. Volume is cooling and the price is struggling to hold above 32. A break below 31.50 could lead to further downside toward the 29.80 area.
Is this a healthy pullback before the next leg up or the start of a deeper retracement?
Vote your view
Short Setup $GIGGLE
Trigger Zone: 32.00 – 33.00
Targets: 30.00 – 29.00
Risk Cut: 34.00
$GIGGLE is trading at 32.05 after a strong rally that peaked near 36.80. The rejection from the high and the current pullback suggest sellers are stepping in. Volume is cooling and the price is struggling to hold above 32. A break below 31.50 could lead to further downside toward the 29.80 area.
Is this a healthy pullback before the next leg up or the start of a deeper retracement?
GIGGLE 🔻
NEEDS A REASON 📖
1 Stunde(n) übrig