Funally Listed
Recent High: $1.450
Percentage Increase: +55.38% from listed price ($0.800)
Analysis:
1. Breakout: SCR's price has sharply deviated from its listed price ($0.800), indicating strong buying pressure.
2. Momentum: The +55.38% increase suggests substantial investor interest and potential upside momentum.
3. Retracement: The current price ($1.243) is 13.7% below the recent high ($1.450), indicating a minor correction.
Technical Outlook:
- Support: $1.150, $1.000, $0.800
- Resistance: $1.450, $1.600
Fundamental Outlook:
- Premarket event likely triggered the price surge.
- Market sentiment shifted positively.
Strategy:
- Long-term investors: Hold or accumulate on dips.
- Short-term traders: Scale in above $1.300, targeting $1.450 and $1.600.
- Stop-loss: Below $1.000.
