Tuesday, January 29, 2019

SAMP in the Target Zone. Straight line target reach won't happen always

Yesterday we saw the price breaking out of the consolidation zone on SAMP, and today we saw the prices entering into the Target Zone. RSI is at 65 means it is still not oversold. However a straight line hit to the top of the target zone won't happen always. Since we have tested 240/00 today, price will need to close above that with volumes to reach 245/00. But entering the zone is quite significant, within a short period.


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