soldenal

DWAC looks very close to a break out

Long
NASDAQ:DWAC   None
Look at the hourly chart, this stock has been trying to break through the resistance at around $54.50. It has been making higher lows so the uptrend is valid, but not able to break through after testing said resistance a few times.

It would seems the pressure is building upward and we could see a break out to around $70 very soon.
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.