$SABR - RC -
Added 2023-09-01 10:57:58 +0000 UTCLong downward channel here too since 2021, it had worryingly gone below the blue line which was the low in March 2021, but has managed to recapture the line quite quick.
The price is just holding above the 50 and 200 Day MA level right now, needs momentum to bring this above the channel line, another rejection and it is back down to the blue line again at $3.25.
A break out of the channel and it holds, then we could see $8.50 next for the first target level.
