Well, a "follow-on" jump came. Short lived....the usual 10 mins or so of opening excitement overshoot.
30c fall back off peak. Now for some floundering before a Re-Test attempt.
They could go to around that $5-37 low (of today so far) before the turn for Re-Test.
I wouldn't play for that path!!! Far too dangerous at these heights!
With current chart peaks and shape etc, a Retrace back down (after Re-Test attempt) should see around $5-20's. That would be where to look for a play. Though as always, charts need to be re-assessed as things unfold, to calculate the proper targets applicable by then.
So for the moment - stay clear!!
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