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Creating temporary support level, consolidation?

It appears that we are in the very near-term testing an area of support. Whether this results in an area of consolidation, possible wedge pattern, or whether we are simply holding hear before breaking lower, it is unclear. We've had some companies coming in to buy that like the prior Elon pump, we may see the price supported at this level in the near-term until the market takes back over and turns us lower or higher from here. I would say we're just on hold for the moment waiting on a clear signal.

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Saying hello to our new upward channel.

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This makes my brain hurt (a little) but it appears we are entering a downward channel, or else are going to be following out a megaphone shaped wedge channel - TBD.