Sopheon Still Struggling At Resistance


Last post: May 15th. See chart.

Review: Price was struggling to break through the £10.00 round number.

Update: Price is still struggling at this psychological level.

Conclusion: Price remains above the Daily 50 & 200 simple moving averages so we can still wait for long opportunities but a break of the support level and price may move further down and towards the 50 simple moving average .

Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!

Sublime Trading

By admin