This is a lesson in PAYtience!! Looking for a retest gap, opening at $1.35/$1.37 with a small run upwards, then down to retest $1.32/$1.30. This is perfectly in line with trending support action, and if volume reacts, this could pave a new bull motion outside of the $1.18 - $1.35 channel. I hope the double bottom gets confirmed with bull movement. MACD is parallel, waiting, waiting...RSI is quietly waiting, waiting...
However, the one kink in all of this is Earnings, right around the corner!! I hate playing towards approaching Earnings! Please let there be only good news, minimizing bad news impact.
*Let's see what happens!*
*Disclaimer- I am not a financial advisor. These are merely my opinions. Do your own research and formulate your own opinions regarding any moves you make. Seek professional assistance.
However, the one kink in all of this is Earnings, right around the corner!! I hate playing towards approaching Earnings! Please let there be only good news, minimizing bad news impact.
*Let's see what happens!*
*Disclaimer- I am not a financial advisor. These are merely my opinions. Do your own research and formulate your own opinions regarding any moves you make. Seek professional assistance.
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