ISDN – [ Broke Out? Can It Move Up Further? ]
Chart source: Poemsview 20th oct 2020
ISDN looking good as it has broken above its horizontal resistance of $0.415 with some volume.
Could it stage more upside? It tested the $0.415 resistance just a few days back but failed to break it. From a technical analysis point of view, today seems a little different as it gapped up came back down to test the support and is back up now. If it manages to stay above this resistance turn support we might see more upside.
We have drawn the support and resistance levels for ISDN, keeping a lookout! Don’t forget election is around the corner. So always have a trade plan!
Yours
Humbly
Kelwin&roy
