Similar accumulation pattern to what we've seen last year December. Price action is holding up nicely above the 150d SMA on a daily TF with bullish closes also sitting above the 8d SMA.
Volume is looking very good too with price sitting above the value area.
I'm using the fibonacci extension to get a local target of $5.
Volume is looking very good too with price sitting above the value area.
I'm using the fibonacci extension to get a local target of $5.
NathanAL
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