I was thinking $0.195 would be a good support level. It's not...

I was thinking $0.195 would be a good support level. It's not going to keep in this tight channel all the way up. It's got to take a few sideways steps while traders shake out profit takers. I got suckered into buying at the top of the current move. Haha. It's going to take more time than the current channel allows to build up enough steam to get through the February top IMO. If it holds up at 0.225 then the current channel remains intact. Next fib retracement level is 0.195 which would still be a bullish support level looking at the point and figure.

Maybe today is an outlier similar to 15 June.