May be ready to move towards $3.90 again. Needs to clear the 3.50’s first, but some nice sideways consolidation if it holds up today through to the close.
Before today, it looked a bit like it needed to consolidate and it wasn’t clear if it would be at lower prices (closer to recent breakout area) or a sideways move.
So far today its looking like sideways will be more likely.
If so the next move up should be a good size move.
I think today’s close will be important.
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