Current price: 7.65
Key point: 7.23
Our preferred direction: long positions above the $7.23 level, targeting $9.00, followed by $10.00.
Alternative scenario: stop loss and change direction by breaking the $7.00 level, targeting $6.00 levels.
comment
The stock is breaching the important resistance level of $7.23, therefore we recommend opening long positions to target the important resistance level of $9.00, followed by $10.00. This scenario is supported by the Ichimoku and RSI indicators, but in the event of a decline below the important $3.50 support level, the previous analysis will be canceled and the first support in this case will be $3.00
