Levels shown on the chart
Long on the retest
Stock at strong demand zone, narrow spread, with low volume reflects very less supply
Further price rejected the demand zone break, and came back strongly on increasing volume, indicating a shakeout of weak shorts
Charts shows downfall continuation. Can retrace a bit to shakeout the weak shorts and then continue the downfall. Levels shown on the chart. Views welcome.
Not entered yet. Would like to see how price action plays out.