Follow the channel and watch the bottom of the box which is considered the floor. if it opens and goes up it will probly make a new high then it will make a new low downside. same for up if it opens on the floor of the box and goes down it will make a new higher high or lower low. the top of the box is $7.25 you can trade inside of the box. but the box lets you know which direction it could probly go. cost basis is $6.62 or middle of the box. empty space to the downside and it will fill that space guaranteed. $5.36 would be my target to the downside if it goes down. $7.23 first target to the upside if it goes up. We shall see. and its above the 200 day moving average.
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