LEWEKO- Technical Buy
Reason:
1) Volume spike recently, indicates buying interest in this counter
2) Broke out from resistance of 0.16 & 0.185
3) Broke out from down trend line previously, and proceeding breaking out from parallel channel
4) Currently waiting to breakout from 0.22 & 0.23, and TP1 is around 0.26.
EP: 0.185~0.205
TP1: 0.26
LEWEKO-WB- Technical Buy
Reason:
1) at premium of 25% , the price of warrant will go up to 0.125 , at ex-price of 0.2 and ratio of 1:1.
EP: any price below 0.05
TP: 0.125
Just a simple analysis without all those indicators and osciallators, my style is all about volume and price action , simple , yet effective. Feel free to comment below and have a nice trading day !
https://klse.i3investor.com/blogs/technical_hunt/2020-06-22-story-h1508908961-LEWEKO_Technical_Outlook.jsp
