Hello dear padawans of the charts. It looks like SENS broke out of the pennant pre market. You can monitor the price from here for a re-test of the pennant resistance as support or for a drop back within the pennant. If the top of the pennant becomes support we could start rallying again after this brief accumulation within the pennant (the price could also continue moving up without any re-test). RSI looks healthy as well as MACD. I entered a swing trade position here.
Safe trades!
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Comment
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We touched that $4.25 historic resistance. It will probably take a few more tries to break but if we do we can revisit ATH:
@mankam1103, you are welcome my friend. Safe trades!
izzypt
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Cool good job , I think it looks like the last resistance point will become the support for the next few days ??
I think it would be coo signl if it closes above 4$ today.
Safe_Trades
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@izzypt thanks my friend. The 0 fin level seems to be holding the sell pressure. That $4.25 level is very strong resistance so if we can hold above the 0 fib level there is a chance we will re-test that resistance again in the next few days.
mannyjavaid
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I'm in this trade as well
Safe_Trades
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@mannyjavaid, hey my friend. You are in good trades :)