Trapped initial breakdown sellers then trapped breakout buyers anticipating continuation. Bottom forms here the next couple candles and then treks upwards at the end of this week.
Targeting the first daily resistance around $3.60 Probably start selling at $3.40
Goodbye Link Marines. Bearish Retests get shorted.
Expecting a retest of prior ATHs before a move up. >Invalidated if we see multiple daily candle closes back into prior range.
- Inefficiency gap - Sitting at support - News catalyst
- Looking for a break above .052 for continuation of uptrend. - Potential Gap Fill for ~50% - Break here would mean a visit to .041-.043