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>> No.52678124 [View]
File: 615 KB, 3111x1410, SLCA_2022-11-30_09-43-31DW.png [View same] [iqdb] [saucenao] [google]
52678124

>>52677639
Alright so I see a wedge being built right now. This stock is consolidating. You have a higher low which is good but you also have a lower high which means that this is in consolidation and not necesarily on a trend in the short term. On a medium term, there is a very nice base trendline that this has been following. RSI is oversold which means that another low or a bottom is being put in. RSI is also embedded which means that iot probably has a little lower to go. I would wait for RSi to get over 30 and my buy zone target would be 11.38.

Weekly chart next

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