Break from a retrace line (not drawn) after basing with higher lows, I would see the main distribution as the white horz. Lines on the chart. The price closed inside of the bottom of the distribution on Tuesday and after the usual retrace, gaped up today and closed +12.9% on its high at 7c. ‘May’ retrace tomorrow to the line at 6.5c for a bounce or may just keep going up, either way look for volume to confirm the signal. Personally I would be looking to trade the targets at the mid and upper white lines, however I have included splits (pink) if you have a shorter timeframe. The targets are 11c, 15c 19c and 23c
A bit illiquid ATM so would suit smaller position sizes IMO.
