Bullish sentiment on HOLO !
$MicroCloud Hologram (HOLO.US)$ Bullish Descending Triangle on All Time Low. We can see that there are positive divergences in the 4h chart. There was a breakout attempt that broke above the $0.51 resistance line, you can see it in the 1H. With the recent market correction, I'm glad it hasn't dropped more than that on the market today !
With an RSI of 35 on the Daily chart, we are close to the sweet spot, and in addition, the short ratio is at its highest level in the last 3 weeks... And volume seems increasing.
I also hear that in September there will be festivities in China, like there were in February, which could be bullish for some traders. Correct me if I'm wrong ^^
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Technical & Financial Analysis, peer comparison and stock picking. Swing trades & long-term investment.
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