Sorona Analysis
After four consecutive days of decline, Sorona is set for a reversal and upward adjustment.
Why did we see four days of consecutive decline?
I mentioned this in a previous post; there is a strong possibility that it is paving the way for the upcoming Christmas.
So, brothers, tonight the overall trend is still bullish. There will be a slight decline in between, but it's not a big issue.
Resistance level at 202; after breaking through the resistance level, the bullish pattern will continue. Those with lighter positions can consider adding a bit.
Support level at 186.
The greater the storm, the more valuable the fish.
I suggest that brothers who are looking to hold be patient with their positions.
For conservative brothers, it's advisable to take profits and not hesitate; secure your gains.
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