Sadly no surprise this stock clearly has a ceiling of 1.30 and then goes back to 1.08. I do not know what it will take to finally break through but the pattern continues.
Thank you knownothing. Yup, this pattern is going to shine like the 4th of July!
BTW, 50% rally retracement is normal breathing for a stock. Notice the retrace the day after the trigger candle on 12/30/2021. From that point on, it rallied 2 steps forward, 1 back, with occasional gaps to the upside for a gain of +84%!!. In other words, it takes time to shake off the last remaining dumb shorts who still don't realize a bottom is in.
I'm surprised.... for a guy who has been holding this bag for years, you sure are impatient.