yes not earth shattering but not bad either a nice 10-20%.
the bad news is the daily is now overextended and fighting a monthly line. either it stays in that scary power zone and fights through, more news would help, or it resets.
now this could be a flat consolidation between 2 and 2.10, maybe even down to 1.90 or up to 2.20 or so on occasion but not close. or it could fall back to support at 1.75 or so before being ready to test again. tough to say.
news, weekly, and monthly chart are on its side though. if i was in, i might take some profits. that break of 2.02 was big and a nice close. if it can break 2.10 early next week this is a keeper, if not its back to a watcher but a much closer watcher.
breaking 2.10 gives more support for a consolidation move. the target would be around 2.75 or 3.20 when the daily shows up again. possible pause around 2.50
looks good here though.
My charts are my own. Any numbers or timing are based on my interpretations of what I consider to be the most likely price movement. My interpretations can be can be wrong, it is always best to do your own charting.
Anything else I post is purely opinion
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