The sign of strength from $0.80-$1.20 seems violated - but this is just due to tapering anticipations at the FED level . Clearly we are in a super strong Wyckoff accumulation zone and there will be a break to the upside at $1.50 followed by a retest before we head to $3-$4.
Going long here is great .
I am not a financial advisor.
Going long here is great .
I am not a financial advisor.
Trade closed manually
Comment:
Future note: Whenever a stock pumps +20% in a day and sells of entirely (think BBIG, ARVL, etc..) this isn't a squeeze play at all, but the markings of the final stages of the company. Losing support was not put into the idea which will be corrected next time.