we need to hold above the 1$ level to confirm the strength of the Bull and going to rented the resistant around the 1.32$, which will give us the momentum to go to the squeeze area around the 2.20$ , of course if we hold 4h candle above that level .
Trade closed: target reached
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now we turned our resistant to our support above the 1.32$, holding this level in the coming 2 days , we will see huge momentum up toward the squeeze price the 2.32$ level, where we go to test the 3.50$+.
this thing has great earnings coming in addition to a few other possible catalysts (to include a merger), look for this thing to be clear of 2.20 by monday...this thing has the makings of a $5 stock anyway...very worth the risk, im in.
TRADING-JESUS
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@ironracer007, I agree there's room to jump more if we held the current support above the 1.32$