Hey Traders,
What a day! We saw a powerful move to the upside, a dream scenario for those holding long positions. Closing at $13 after starting from $12 this week—what a ride! On the 1-hour chart, we’ve got a previous higher high and a structural break that might see a retest in Monday's pre-market if profit-taking kicks in. There’s also a gap at the $11.50 level to keep an eye on! Should the rally continue, look for a test of strong resistance at $13.90 on the weekly chart.
As always, trade with discipline and lock in those gains to build a stronger future!
David
Diz-Plin Trading
What a day! We saw a powerful move to the upside, a dream scenario for those holding long positions. Closing at $13 after starting from $12 this week—what a ride! On the 1-hour chart, we’ve got a previous higher high and a structural break that might see a retest in Monday's pre-market if profit-taking kicks in. There’s also a gap at the $11.50 level to keep an eye on! Should the rally continue, look for a test of strong resistance at $13.90 on the weekly chart.
As always, trade with discipline and lock in those gains to build a stronger future!
David
Diz-Plin Trading
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