Paxys, Inc.
Pattern: Trading Range / Rounding Bottom
Support: 3.10 / 3.20
Resistance: 3.40 / 4.05 (Short-term) * 4.55 / 5.90 (Long-term)
Buy Trigger: 3.45 - 3.55 (Breakout of 32-day & 65-day MA)
Projected Target: 4.55 (Short-term Target) / 6.20 & 8.80 (Long-term Target)
Recommendation: Buy
Disclaimer:
Please keep in mind that this blog contains only my personal view on practicing technical analysis and is provided for information purposes only. Past results are not necessary indicative of future performance. Any trades or investments are committed at your own risk. Always consult your own broker or analyst for any of your investment decision. Trade at your own financial risk as I assume no responsibility for your investing decisions in the markets.
