$TEUM Entered New Range. Will It Hold?

$TEUM - Saw a huge spike after blockchain PR and as you can see on chart, it entered a new range and is holding the range (barely) at 2.50 close eod today, 12/27. It made it up to almost $4 PM 12/27 but failed to hold gains at open and made it's way down to the 2.30"s (which is where it dipped after PR release yesterday 12/26 suggesting possible new support). Now the question for me is will it hold the new range tomorrow or dip back down into old range? A few important factors to consider: PR or no PR?, the trend of crypto and other crypto stocks, and of course potential big buyers and big sellers. I am cautiously bullish,leaning toward the idea that it holds new range in between 2.50 - 3.67.

I am long TEUM with pps average 2.39.

Please feel free to share your thoughts!

評論:

correction: range for tomorrow I am looking at 2.50 - 3.18...next range is 3.18-3.77.