Analyzing volume using 1hr candles. Take Aways:
1) Consolidating b/t 1.86 to 1.97 -> Needs to break over 2.02 for uptrend confirmation per fib levels
2) Price targets are 2.22 & 2.40 -> take 50% profit at 2.22 and let rest ride
2) Set SL @ 1.86 for a tight SL, @ 1.58 for loose, and @ 1.35 if you're portfolio can handle the choppiness we're in
3) Mino-lok goes for...
Hello ITRM Kings. I hope this chart finds you well. You will see baby girl here, ITRM, broke out of a bullish channel and looks to be on her way to first fib resistance level of 2.23 - If 2.23 can be broken and holds it is clear skies.
From company presentation:
Potential NDA Filing Acceptance Q1 21
Potential Advisory Committee Q2 21
So good news ahead.
Couldn't break and hold above 26.41 today. Volume hitting a bottom. Might slip in AH but there should be some sort of pop tomorrow. Tough to gauge if the floor is going to fall out since it has been driving sideways but I still stand by my 28+ EOW PT. Love y'all.