Expanded flat in play in this ABC correction on the day chart still, likely fib retracement still looking like $9 for 50%, or a possible $8 for 61.8%, wedge looking likely to maintain shape until reversal imo
On the plus side, support seems keen around $9, will need top push through $10 though which will be a retest for short positions, and will be an area where shorts will add to their positions, with the view of pushing it lower again.
All eyes on the wedge reversal for maximum profit, as seen on the previous return to ATHs from the smaller wedge on the right of the chart
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4 | 54763 | 0.550 |
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1 | 5610 | 0.530 |
Price($) | Vol. | No. |
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