We confirmed above key support this week on the daily
We have a level tracing back to a major pivot high of 28th March '22, and rising trendline from 14th July '23.
Where these converge formed major resistance which we broke through and confirmed above - it has so far turned into a support level. This is bullish, and there is no obvious resistance before the all-time-high at $24.
However the chart has been banging on the door of the support level frequently - if you hit a door hard enough, enough times, it's going to break. However, the volume has been weak.
Lets see if we can get a strong upwards move with high volume, with a daily close above the recent high of $13.528. This would likely bring more buyers in and it would be off to the races.
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