Nice price action. We had our breakout, a test of 2.75 resistance and selloff. Then a retest of resistance flipped as support. It looks really good. The slower the better. We want to see it continue to break each level of resistance one by one and reclaim as support.The road to break ATH will be arduous. What have i been saying for over a year now? Stop trying to time the tops and bottoms and just stack ie accumulate. You'll thank me in a few years. And no its not too late to start right now.
we can expect to make a run for 2.75 gain to see if its ready to break it. At some point that level will need to be held as support
we can expect to make a run for 2.75 gain to see if its ready to break it. At some point that level will need to be held as support
Comment:
Looks like we will test 3 dollars soon. a small correction and i'd like to see 2.75 -3 dollar range filled out for a month but its likely that once we hit 3 it goes straight 4 within a few weeks
Comment:
breaking 3.32 will trigger a much bigger run into the 4+ dollar range. everything is looking great. it appears that there had been accumulation and now buyers are confident that the bottom is in and are bringing in large amounts of volume. historic volume