AI
Here's a super bowl weekend look at GUSH...and I must say I almost got in two or three times last week. Still watching closely. Three timeframes here - Daily, 120 min and 60 min.
My interpretation is on the basic side fwiw...the daily ran into a resistance at the bottom of the cloud (kumo). Anything possible from a pullback to a power through to sideways. The 120-min and 60-min both somewhat above the cloud or in a very thin cloud but sideways at the moment in a narrow range suggesting the resolution of resistance on the daily. My opinion is the daily will work through the cloud and get to a more bullish longer term trade...in time.
My interpretation is on the basic side fwiw...the daily ran into a resistance at the bottom of the cloud (kumo). Anything possible from a pullback to a power through to sideways. The 120-min and 60-min both somewhat above the cloud or in a very thin cloud but sideways at the moment in a narrow range suggesting the resolution of resistance on the daily. My opinion is the daily will work through the cloud and get to a more bullish longer term trade...in time.
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