Here you go
@mits and fellow holders
Overall I'm placing my bets on a move up next week. If DD is released on Monday then that is a perfect catalyst along with where the TA currently stands.
Daily chart- Bit of a pennant/symmetrical triangle forming especially with today's low volume tight spread. Being optimistic..If we can break upwards, could see us have a go at the daily/weekly resistance at 3.7 to start.
If it plays out the full pennant, could be headed towards 4.8 in the ST.
Of course patterns should be treated neutrally till a confirmation of direction. In the case of breaking lower.. 2.2 and 1.9 are important support areas.
Weekly chart- Largest ever weekly volume in the stock's history and a nice breakout on all fronts on the weekly to confirm a reversal from the previous downtrend.
Candle highlighting a tad of supply up top expected from profit taking with a few other resistance points in the way, but once we breakthrough 4.3 , will be in blue sky territory as there aren't any major resistance points afterwards.
Have a great weekend
