whether its psychological resistance, ovextention of distribution or availability, or volatility from profit taking, the rejection at #1 has led to a sizeable pullback on the 1 hr chart. if we dont break through this high bulls will look to confirm a higher daily low and try again at $1.
i think its clear this stock will remain under $1, even if it goes to $2 over enough time.
i think its clear this stock will remain under $1, even if it goes to $2 over enough time.
Note
still shorting thisseems like another firm rejection from resistance
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.