After a very deep retrace SOS is holding critical historical support and showing Bullish Divergence on daily MACD, momentum is about to go positive for the first time in two months. Watch for a breakout, this one could be explosive with $6.4 and $8.4 targets for 40% and 80% profit from current price rage (and then there is a gap fill just below $10 confluent with psychological resistance...). "Meme stocks" are all badly beaten down recently and showing the same set of variables that impy selles exhaustion and a lof of potential upside. Other tickers to watch include CAN, CCIV and SPCE.
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Potentially invalidated by BTC dump. Be careful with entries, this breakout is not confirmed yet.
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Seems like we are getting a breakout confirmation today. Backtest in progress.