This is not financial/trading advice.
Ok so it may not be a complete bull pennant where it touches the support and resistance lines, but it's close ;) Looks to me like a lot of consolidation has taken place. The price has held steady support of 1.30's and 1.40's, and with the institutional buy finishing this week at 1.70, I think we have good support.
A like and a comment is always appreciated! Trying to build my reputation so that I can access the chat rooms.
"The only people that get hurt on a rollercoaster are the ones that jump off."
Ok so it may not be a complete bull pennant where it touches the support and resistance lines, but it's close ;) Looks to me like a lot of consolidation has taken place. The price has held steady support of 1.30's and 1.40's, and with the institutional buy finishing this week at 1.70, I think we have good support.
A like and a comment is always appreciated! Trying to build my reputation so that I can access the chat rooms.
"The only people that get hurt on a rollercoaster are the ones that jump off."
Comment:
What a decline, and what a jump back to $1.30.