VELESTO Analysis

Disclaimer: This is not a buy call but for learning purpose

Technical analysis

• Still in accumulation phase
  
• Volume is OK
  
• Potential uptrend continuation
  
• RSI & ZL-MACD is above the centerline
  
  Trading idea (Long term play. Need to hold)
  
• Entry price: 0.150
  
• Cut loss: 0.135
  
• TP1: 0.170
  
• TP2: 0.190
  
• TP3: 0.210
  

Trade geschlossen: Stop wurde erreicht