This has been beat down. Riskier play but has a pattern building.
Looks like a potential flat top which can be veiwed as a bullish pattern
Support is only about 8.40ish area while reistance is 10$. There is a range to play here and also if you have some patience you can start building a starter postion here
If we lost 7.40-745 area then I’d cut it for now and move on but I think this could be building for a move up towards key reistance at least 10$ but could go to11.50-12$ for an conservative target
Looks like a potential flat top which can be veiwed as a bullish pattern
Support is only about 8.40ish area while reistance is 10$. There is a range to play here and also if you have some patience you can start building a starter postion here
If we lost 7.40-745 area then I’d cut it for now and move on but I think this could be building for a move up towards key reistance at least 10$ but could go to11.50-12$ for an conservative target