CRO has bounced off support and has managed to close back above the trendline with high volume, indicating that the uptrend may be intact and price may swing higher. My target for this trade is $0.100 (a potential 25% gain) and my stoploss on this trade will be $0.500 which is below the 50 SMA.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
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I have amended my stoploss from $0.500 to $0.63 because this current minor swing should follow through to the upside, therefore I am keeping my Stop real tight.