Not too positive on this one.
-I have a bullish stance on them if they break that price level. They look like they have room to run if they are able to get the momentum behind them.
-Buying at that level would mean I/you are expecting explosive momentum
-Others have told me they dont think this will work out because:
1.) The MA lines might reject the price action
2.) Its over extended today
3.) They face significant competition from Frontier and Alignment
4.) They are not in the best place financially
I will reflect on this idea in the future.
-I have a bullish stance on them if they break that price level. They look like they have room to run if they are able to get the momentum behind them.
-Buying at that level would mean I/you are expecting explosive momentum
-Others have told me they dont think this will work out because:
1.) The MA lines might reject the price action
2.) Its over extended today
3.) They face significant competition from Frontier and Alignment
4.) They are not in the best place financially
I will reflect on this idea in the future.
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absolutely rejected at that RSI uniformity line (orange)
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