Although I thought that 2.7K was the bottom, it seems that we won't make it that far. We have a very nice bullish divergence on the 4H RSI, followed by a green volume spike.
Shorts are at an ATH, so a squeeze isn't unthinkable. We also broke out of the short term declining trend line. This could be a nice leg up...
Other thoughts? Feel free to shoot!
(NO financial advice.. TRADE SAFE!)
Shorts are at an ATH, so a squeeze isn't unthinkable. We also broke out of the short term declining trend line. This could be a nice leg up...
Other thoughts? Feel free to shoot!
(NO financial advice.. TRADE SAFE!)