After over 30% decline from last week high of $8.66. We have been creating lower highs along the way.
For the new week, an entry after a double bottom or lower low to retest the lows 6$ would be a great opportunity to go long/bullish. Ensure to wait for bullish confirmations on the lower time frames before going ahead to take buys back to 7$.
Remember we are still bearish long term so taking most profits at that level would be a pretty great idea.
If you ask me. 75% or more PROFITS would be closed at that point.
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