MACD crossed a few days ago and yesterday's candle tested the .23 fib level before pulling back.
The proximity to the 9 & 20 EMAs in addition to the POC (Feb 1.) makes this a low risk entry point. Also, fundamentally with value becoming more popular in recent weeks this one may have room to make a prolonged run to recent highs.
Resistance possible at $9.94
T1 $11.45
T2 $13.88
T3 $15.62
T3
The proximity to the 9 & 20 EMAs in addition to the POC (Feb 1.) makes this a low risk entry point. Also, fundamentally with value becoming more popular in recent weeks this one may have room to make a prolonged run to recent highs.
Resistance possible at $9.94
T1 $11.45
T2 $13.88
T3 $15.62
T3