Two charts, left side shows volume profile and current trend. Right side, long term trend.
Short term I think they’ll pump it before q2 results and then it will drop again to the bottom of blue or yellow channel. Observe that volume above 200$ is quite low, so I would expect a drop until 180$ easy.
Long term, Observe the regression fits almost perfectly with a line (right side), and also confirms we are in the top of the range from a long term perspective. Sell at around 250$, buy at around 200$, hold in the middle.
Short term I think they’ll pump it before q2 results and then it will drop again to the bottom of blue or yellow channel. Observe that volume above 200$ is quite low, so I would expect a drop until 180$ easy.
Long term, Observe the regression fits almost perfectly with a line (right side), and also confirms we are in the top of the range from a long term perspective. Sell at around 250$, buy at around 200$, hold in the middle.