Chart Source: AdvisorXs 26th Aug 2021
We just posted Aztech Tech just 2 days ago sighting that it might have bottomed out and a potential rebound might be in play. True enough the rebound came and it brought Aztech up to $1.16. We could see heavier volume yesterday as traders pile in causing a rise in price. It has hit our first rebound target of $1.15 a nice 6% swing and is currently at the 20ema resistance. If it manages to break this level we might see further rebound to $1.18 and then $1.20. Slow and steady remember!
We hope you managed to catch this rebound and learnt something from it!