Hi, thanks for the analysis. It gapped up and now is sitting right at the 2.40 levels ready for the move to much higher levels. Couple of short coverings that pushed the price over 2.50 and then another to 2.80. I do moving averages and what I see is that it is heading much higher perhaps to challenge the 52 weeks high. Could you please update your analysis, thank you.
TradeandGrow
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@BermudaB, hi you see that right, but we are sitting on the VPOC, the highes accepted price right now. I assume it will breath a bit and should fall back to the next support around $2. But this can rapdily change if there comes volume in play, in the end I can only estimate because this pattern is hard to predict and high risky.