THETA has some big news coming out in the next few weeks. It is at a critical level. A breakout out of this pattern or resistance shown could lead to some big gains. At this current level there have been several sell off wicks showing that THEAT has significant work to do. The stochastics and indicators present the idea that there is significant interest in the project for this to break out. A breakout of this level would lead to a possible test of the $13.70.
Within the daily pattern, a possible BULL flag is presenting itself.
Happy trading.
Ted
Within the daily pattern, a possible BULL flag is presenting itself.
Happy trading.
Ted