Wedge 1, retracement after run up, break out of pattern using underlying support, bounce off 200 MA, 12/26 EMA crossover, run up Wedge 2, retracement after run up, breakout of pattern using underlying support, bounce off 200 MA, 12/26 EMA crossover, run up Wedge 3, retracement after run up, breakout of pattern using underlying support, 12/26 EMA cross over possibly coming, this time trading under 200 MA
200 MA major resistance but a break above is BULLISH to me - look for golden cross if bulls maintain control.
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Additionally, IF the initial test of the 200 MA is achieved but rejected, look to the 12 EMA for support - I suggest using RIPSTER EMA clouds during this retracement.
@gw56r2dv2v, $5 would be the first target to overcome, and more specifically $5.26(resistance from June) then 7.07. A break over 7.07 could test ATH north of 12.50. One level at at time though.