There's strong support at 28-29c, and then some support at 23c
There's also a clear rising higher-lows trend line that would indicate if the stock price went down to that same trend line in the next few days, it would be at about 30-33
Lastly, since the first upward trend in second half of June, there have been four separate rounds of rapid upward spikes. After each of these four the share price deflated and settled at a value about half of what the spike was. We are now sitting at basically half of what this last spike was.
For it to drop to low 20s then it would go against all historical trends / TA. Following the above, we'll settle here (or close to it) until further news causes a fifth wave.
(all my personal observations and not a financial expert etc etc)
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Open | High | Low | Value | Volume |
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1 | 13703 | 0.073 |
2 | 56040 | 0.072 |
1 | 42200 | 0.071 |
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Price($) | Vol. | No. |
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0.081 | 10000 | 1 |
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