Its bounced from the bottom diagonal support line multiple times and it is now retesting that again for support. If the strong continues, then it will bounce again and carry back on upwards to the top of the channel and should make a new high.
If not then I'll be looking for a quick scalp short down to $2.10 or even $1.90, depending on how much selling pressure there is.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.