RE:RE:RE:BreakoutMoemoney42 wrote: Moemoney42 wrote: Agreed with a nice punch of volume to set it off too..!! ;-)
The volume is just as important as the price move to me.. now if the shorts get squeezed, all the better..! ;-)
No real resistance levels until ~$2.80 area... ;-)
Just had a look, and you're right.
Nothing too serious, but there is some resistance around the $2.80 level dating back to October 2021.
My own personal ultra-short-term technical target becomes $2.55-$2.80(ish), unless of course there's news, in which case all bets are off.
My technical target assumes no news.
This is a textbook breakout after a textbook consolidation.