Waltonchain broke the 4hr equilibrium and is now facing it's next resistance not much higher than that equilibrium at $6.35-6.40. A break in that resistance will result in a target in the high $7's along the trend line resistance visible on the daily time frame. The trend line and the daily chart resistance at $8.00 should be noted as strong resistance levels. Walton has appeared to double bottom at $5.50 and is gaining traction, this traction will be needed to break to higher highs and the optimism is increasing.