going testing upper trend line

well see if it breaks above falling channel or bounces downward to continue downtrend.

Short term long with high risk. First target looking at 2$. if it breaks above, momentum could carry it a bit further maybe 2.25$ however unlikely since the current bounce that we are experiencing is relatively low volume.

Kommentera:

reached top of channel, most likely coming down again: new position is short

that being said theres a small chance that it consolidates and moves higher out of channel. However unlikely, a tight stop around 2.35 is a good idea