This chart is looking better with each day that passes. USPT has been consolidating for the greater portion of a month, while consistently testing the 126 level and creating higher lows in the process.
Volume has been steadily increasing throughout the month as buyers aggressively and consistently step in after each rejection, leading me to believe that we likely break this 126 level soon. Lots of bullish action taking place in this ticker, it's only a matter of time before sellers get exhausted and we make a large move upwards.
Once 126 breaks we likely visit 134, and above that 144.
All that being said, stay patient. This trade make take a bit longer to play out than originally anticipated.
Volume has been steadily increasing throughout the month as buyers aggressively and consistently step in after each rejection, leading me to believe that we likely break this 126 level soon. Lots of bullish action taking place in this ticker, it's only a matter of time before sellers get exhausted and we make a large move upwards.
Once 126 breaks we likely visit 134, and above that 144.
All that being said, stay patient. This trade make take a bit longer to play out than originally anticipated.