Just draw an ascending line from mid November at .20 through all the new higher lows. Then draw a horizontal across all the attempts to break through .29-.30. It's an ascending wedge.
Usually the price peaks on the daily at the resistance. In our case, at .30, then a gap up the next day starts the next run. Like I said in my previous post I would like to see better volume. This breakout may fail. The wedge is tightening so we will know soon.
I do my posting from my phone. Don't have the capabilities to post a chart. Glta longs. I see this as a very good long term investment.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.