Giken

Giken: the long kangaroo tail featured on 24 Jun may be an indication of a bottoming out and positive reversal. Share price has been consolidating around the $0.32 - $0.33 range (and 50 day MA), while the key indicators are starting to tilt up. In fact RSI is above neutral , and MACD is on the cusp of emerging into positive territory. For a low risk, high reward trade , traders may Buy now in anticipation for a trade up to the recent $$0.39 high objective. Strict stop loss if share price dips below $0.315. Probabilities of success are lower bcs of the tight stop loss, but risk is controlled and reward sufficiently high.