AMEX:PILL On the 4H Chart, current market price is sitting on the support of order blocks and the EMA200, while in an uptend from a double bottom in the sprint. It is moving into the high volume area of the voluxme profile. For the swing trade, the stop loss is $0.10 below the EMA200 while the targets are marked based on a combination of the horizontal...
Nice push through here with buy volume.
If you jumped on this last week, you made some profit on this one.
Still some selling pressure, needs to pop above that trend line to be bullish.
Needs to keep above that top trend line, could be a bounce incoming.