jUiCE_Trades

EBON... is this the bottom?

Long
NASDAQ:EBON   Ebang International Holdings Inc.
$EBON, as blockchain stocks (mara, riot, sos) are seeing decent movement with Bitcoins push this past weekend, Ebon seems to be lagging behind, trending in a nice channel up. at the bottom of the channel here with lots of upside to run. Good point to long here with shares or get leaps (options premiums are cheap now and not jacked up). Watching for reversal as we break this triangle to go for that gap fill at $10.87. If BTC continues to this flat choppy correction ebon will be very choppy as well. If BTC rallies to 55k+ blockchain stocks will rally as well.

Key Levels
Support: $6.53, $5.79 (oversold under this level)
Resistance: $7.18, $8.56, $9.98

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