$FLOW
Breakout from Channel Down pattern signaled a bullish trend reversal. Pullback to $0.50 support could be a swing entry opportunity with +25% upside potential to $0.64 next. Stop Loss at $0.47.
Pattern: Price is Approaching Support, which is a level where it could pause or reverse its recent decline, at least temporarily. Support is often a level where price has bounced up in the past, or potentially prior Resistance level that was broken. (concept known as polarity).
Trend: Short-term trend is Strong Down, Medium-term trend is Strong Down, Long-term trend is Strong Down.
Momentum: Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance: Nearest Support Zone is $0.50, then $0.40. Nearest Resistance Zone is $0.60, then $0.70.