Still holding uptrend here, up from the support hold at 3.50$ as initially thought. Big resistance here shown by blue line at 4.30 region. A breakout from this point will most likely lead to 5$ in the short term. Or else it will most likely turd down and test the 3.5$ region again. The second scenario involving the failed breakout (red line) will cause a great loss of momentum and my shift the sentiment over to bearish. Still long for now
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zoomed in now on short term graphs, looks like a breakout attempt
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strong bid for breakout:
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all that is missing is the volume
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nice big volume spikes accompanied by large green candles. Looks good
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full fledged breakout. Very nice follow through and strong volume.
