Looking at the MACD and TDI, it looks to have a bullish divergence occurring. Potential breakout of descending wedge to $16+.
Note
Nice move so far out of the wedge. Weekly close over the 21 ema could get us to $13-14 shortly.
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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.