Tomorrow may tell the story, but the way it's soaking up volume and how oversold it is on daily and weekly charts prior to this run, plus the strength of this (also on no news), suggests to me that the trend has changed and we'll see minor pullbacks.
Given the strong initial rise, I expect we'll see high 1's before we see it back below $1.20.
Tomorrow may tell the story, but the way it's soaking up volume...
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