Long
Position opened at $2.32 today
I observed that head and shoulders chart forming and waited for it to resolve itself before taking a position here. What I have previously observed about cup and handle charts is that the handle itself can take as long as a year through consolidation sometimes. Let's see if we can start closing above these fib retracement levels. Might be enough to at least retest that pesky $3.10 area and looks to be very bullish on a close over $3.15, so let's see how it plays out
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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.