bngo stuck in this downtrend channel with no signs of a breakout anytime soon.. unfortunately that has been the case for most penny stocks this year, many of them wont rally back to highs for a few years.. thats if they even end up coming back.
l'd consider a long position if it broke top trendline resistance.
but for now we can clearly see lower highs repeating, every pop gets weaker. not a good sign if your a long or want to take a long.
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l'd consider a long position if it broke top trendline resistance.
but for now we can clearly see lower highs repeating, every pop gets weaker. not a good sign if your a long or want to take a long.
like and follow for more đ