As you can see from the chart, MIR just broke out of a falling wedge and retested the top of it as support. This leads me to believe the correction is over in the short term.
From here, there's a heavy amount of resistance in the high $3 range, however, I think that we can break through those levels on an impulse upwards.
I'm looking for price to revisit the green lines in the high $4 - $5 range if price can break through the resistance. That's where I'll personally take profit but in the chance that we can break those levels, the next targets are on the chart.
Ghi chú
We got the initial move up but didn't break through resistance in the $3 range. Let's see what happens from here.
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