Hey pcorb I've had a look, still learning but this would be my take:
On the daily chart it has broken pivot highs to create a demand level. Price may retrace to this level or can continue up to the resistance level around 2.7c from a rally-base-drop on the weekly chart.
If it manages to break through this area of resistance the next significant area of resistance price may push higher to other areas of resistance as drawn in the below chart. I'm afraid I'm still pretty indecisive on how to pick which ones will be more significant. Will have to ask for @Patterns expertise for that.
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- Day traders' after-market lounge January 19
Hey pcorb I've had a look, still learning but this would be my...
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