Price is consolidating in range, good bounce off the 20 MA
Kommentar:
Price had a strong bounce off 20 MA, closed above high pivot zone. Should look for a retest of the $8.15 area but with all the inflation from the Fed, price could find new support and consolidate.
Kommentar:
Support could be found at $8.50 area on previous high pivot. Let's see how today and tomorrow close