Stellar is Taking a Breather

Stellar is taking a much needed pause, around the wedge breakout target that we discussed yesterday. This is certainly healthy for future price action, considering how dramatically it has rallied over the past few days. Look for a retracement to the 38.2% level, around $0.68, or a bit lower to the top of the ascending broadening wedge. A sustained rally off of either of those points, would signal a healthy correction, and possibly higher all time highs.

***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***

-JD-