Loom Resistance
Updated
Flip both the heavy horizontal AND the weekly 50MA at +$0.09 and we may see higher in the following weeks. Otherwise, both of these have played as heavy resistance for Loom.
The recent mini-pump from the CB listing may have been an exit pump. Stops are prepared. DYOR. This is a trading journal, not financial advice.
The recent mini-pump from the CB listing may have been an exit pump. Stops are prepared. DYOR. This is a trading journal, not financial advice.
Trade active
Sold most of my original smaller entries at $0.1158. Officially reentered the trade on this dip. Closing this week above 50MA would be possitive. Invalidation if we break back below $0.084.
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