There's a pretty good argument for it dropping back to 1.3c IMO based on what I'm seeing on the chart.
That's IF it drops back further at all.
It's the top of the previous channel. Also the 50% Fib level.
1.1c is nothing but a dream IMO.
But by the time you sell, then try and negotiate your way through the other buy orders, it's more pain than it's worth. Plus of course, risking missing the boat then having to chase it up or miss out altogether.
classic textbook trading, page-2
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