Back to using our regular chart now, a reminder that I uploaded the Bear Case Scenario chart yesterday.
Price flushed down to the 0.618 Fib at $20 at the opening and within moments bounced and jumped +10%
Like I said in the chat group, this has given us a higher low and just now we have a higher high
So I am happy with what I see of a positive trend.
On the 1hr chart above, we can see that the 200 MA is the level that is needed to break above next at $22.04, it may not happen today but we'll see, a flip of this level to support and I see a move up to the blue line next at $25.41
LP52
2024-11-19 15:10:15 +0000 UTC