Price is close to what can be a support zone, we could buy between 5.85$ and 5.50$ and expect price go up to 7.50$ in the next weeks. Such strategy need a tight Stop around 5.40$ because if we break the support line, price may head to the 3.80$ area i.e. 2020 lows.
The price movement (up or down) will depend on what the Nasdaq index will do in the next days, Xmas rally or Omicron fear.
The price movement (up or down) will depend on what the Nasdaq index will do in the next days, Xmas rally or Omicron fear.