Solid monthly upward room to $21 on the weekly. Daily is low in the channel and appears to be consolidating between the 9.37 and 7.70 level. I would anticipate continued coiling between the white line and the red line forming a bull flag that breaks out or breaks down somewhere around Feb 25th. At this level, entry is best done in the dips to $8 for the pending move.
Trend Analysis

Penafian