Technical analysis by sunhalltrade about Symbol PEOPLE: Sell recommendation (10/5/2024)

Quick idea to sell. Is correction possible? Momentum indicator on H1 below 0. This idea only uses 2% of balance.Is this HnS ?HnS did not form, but a wedge appeared? If so, then the target for working out this figure may be around 0.06690The idea is closed, the stop loss level has been reached. The wedge pattern was good, but the price came across support at SMA 34 (frame H1) and reacted upward. There was an opportunity to turn the short position up or close it with a slight plus.