30 min chart indicates a serious rerate aka pump going on here. Im not here to worry about why. looking for a flag under 4.3 and then a lift in price and of course volume. Hopefully in a better market. Generally the handle needs to form to get all the bhaggies and profit takers out. Lets see.
I like the look on the 1-hourly (much the same on 4-hourly and daily): consolidated around the 0.618 FIB (0.023) for a while the tested 0.5 FIB (0.027) and consolidated likewise before, testing and pushing through 0.382 FIB (0.031) today Next move to look out for is 0.236 FIB (0.035), which I am sure we will hit and then test new ATH at 0.043 for blue sky moves.
I can't help but wonder whats brewing here. Price leads news is my theory!
Highly speculative play but the chart is very constructive. nice action today.
PIL testing a breakout, recent sustained volume after good announcement seems to be the driver.