As you can see an exponentian curve(sorry for the hand drawing) can be observed as a support trend line, for the resistance, its a linear trend line (ascending).
Based on simple math the probabilty for higher volatility for the upcoming months is big.
If the price drops close to the trend line its worth to give a thought about buying in, but take care of the news.
The author holds no position in the stock mentioned as of the time writing the artice.
Based on simple math the probabilty for higher volatility for the upcoming months is big.
If the price drops close to the trend line its worth to give a thought about buying in, but take care of the news.
The author holds no position in the stock mentioned as of the time writing the artice.