The green line has been holding as support for the year. Each time it has touched it, a bounce has followed. It seems to be in the mood for breaking its resistance lines with this support. It has just broken one with good volume for the stock and his holding the support line with good volume for the stock to the upside as well. Making this a good spot for a chance at another pop up in price. Only time will tell. This is obviously a very risky trade. A real test of ones charting abilities if you will. IPO was in 2020 at about 8 dollars a share. If it closes below the green support line (2.22/2.10 at the max), chances are that the trade is no longer valid.
Trade fermée manuellement:
2.24-2.61 closed position when market started it's big drop today