Its $RAY may be forming a cup and handle pattern, but it’s not confirmed yet
resistance: $2.52 and $2.53
support: $2.39 and $2.31
Bullish scenario a high volume breakout could push the price higher
risk: macd is weakening and the breakout isn’t confirmed yet
in short: a high volume close above $2.53 would strengthen the bullish signal
resistance: $2.52 and $2.53
support: $2.39 and $2.31
Bullish scenario a high volume breakout could push the price higher
risk: macd is weakening and the breakout isn’t confirmed yet
in short: a high volume close above $2.53 would strengthen the bullish signal