Edge! So much for that possible weakness! Things are looking good.
Price has consolidated nicely in a very tight range, very strong rejection candle wicks show longs are happy to take shares from weak hands.
Support is rising every day with the 50EMA/Trendline, MACD has been neutralizing, and is now back to the waterline. Today it is punching up through it's trigger line (very bullish breakout signal)
I suspect that newcomers will not have much luck getting significant positions filled at their bids, and will have to push the ask.
I have added to my position this week, and initiated positions in some accounts I manage, I don't think .05's are in the cards.
Just my opinion.
Good Luck IDSM holders!
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