I believe price will react to this trend line. the trend line is compatible with a major resistance at 40 cents. we will have pullbacks on our way to 40 cents, but i don't know how trading works, so i will just wait for my target and sell. i believe after reaching 40 cents we will have a nice pullback to 25-30 cents and that's when i would be interested in buying back.
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The more price attacks this resistance level, the weaker it becomes. it's a simple idea, but it's true.
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