Generally in my trading method I use the Simple Moving Average.
I bought at 3,77 the stock when the prices dropped on the 200 daily SMA.
If I try to count the waves probably is started a huge III major wave.
I'm in and right now the gain is +20% in 3 days.
HYRE channel 2.58 - 4.34 in play above 2.79
- Ranged resistance should start acting as support now above 2.58 - 2.79 range
- With a close above this 2.79 we should see bullish continuation towards top of channel at 4.34
- We have a stronger mid range resistance at 3.72 that will need to be observed as it attempts to cross