7 consecutive weeks of growth, will surely have a significant retrace soon. Currently overbought on RSI, I am looking for a retrace to 0.382 fib on the weekly back to previous resistance at $43. Then I expect price to break past $50 easily.
@Forex-Traders-Uk, Yes i would wait for a break before entry always. I am not saying the retrace will happen immediately from the current price, but hoping to see one soon.