Still watching this. I entered a swing at 7.55) stop for my risk ratio is at 7.47$. Could go lower if Course. Volume is picking up and waiting on FDa approval news. Seems to be broken from a falling wedge that has a target of upper resiatnce of larger pattern 8.30$. We need to break 8.30 and hold above for a next resiatnce of 11.60$
200 ema
On 4hour and 100 ema on daily is at 8.01$
I am anticipating a breakout however markets are scary right now so it could fail.
So far this ascending triangle we have had a few breakouts of but couldn’t confirm support is around 7.74. We need to close some candles above here which would help its bullish case even more. Hope this all helps.
200 ema
On 4hour and 100 ema on daily is at 8.01$
I am anticipating a breakout however markets are scary right now so it could fail.
So far this ascending triangle we have had a few breakouts of but couldn’t confirm support is around 7.74. We need to close some candles above here which would help its bullish case even more. Hope this all helps.