Had a pretty sweet uptrend here, something to watch as buyers have been strong. Previous reistance was at 4.88 areas to 4.86. We backtest that twice so far today and although 5$ was a reistance previously, it seems since we broke higher today it has now become an easy clearing level. The newest reistance I see is the 6$ level to as high as 6.16 as it’s the .5 fib but hasn’t yet been tested.
It’s possible if this holds the trend and contiues hplding at the lowest above 4.40, this can contiue to rise to around 9$ with an extreme condition of 17$ but one fib at a time
I entered today at 4.45. 4.55 and 4.86.
Will be watching price action tomrorow to see how this opens and trades through the day. It’s not super volatile but seems to have had a solid day so we’ll see what tomrorow brings
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