$7.23 is where a lot of %5 stops are going to be placed for short sellers today to call. Once that is breached, it should have no problem getting up to the .764 fib line ($7.77)ish.
Another interesting pattern taking shape here is resistance at $6.86, and a support line wedging up to meet it. To me this looks like sellers are losing Control.
Another interesting pattern taking shape here is resistance at $6.86, and a support line wedging up to meet it. To me this looks like sellers are losing Control.