honestly - not volatile enough for me... u can try scalping from 1.59(1.60) entry to 1.77 channel...(10% scalp not rly worth... considering to make ti worth u need to put a lot of money on a cheap stock and if for some reason goes down its gonna hurt too much) - the other way u can trade it is wait for the 13ema-20ma golden gross and buy on it with anticipation of a run - target 1.90 - honestly - there is better fish in the sea - i prefer IG - 5.31 bounce is coming END - channel is bigger 3.12 -3.50 0 consolidating for a while so if it breaks the channel might run good
Ive been looking at MEA as well, its sitting right on the 200MA after breaking through last october, watching for signs of which way it will break now.....
DRWI 1.33- 1.54 smaller channel - better risk reward ratio - any move under 1.33 and u just get out ... if it breaks the 1.54 is nice.. consolidation period is overdue - so it should run shortly