Great run for the debut of this stock but bulls are losing steam. A healthy correction appears to be just around the corner. The chart shows the current price in the resistance zone with important Lower levels of support.
Note
The first support line represents the middle of a zone between $11 and $13.50Note
Almost at the top of this resistance zone in the mid $19.00 range. I believe we will see the rejection up there.
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Disclaimer
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.