BAND seems to be consolidating for a large move higher. As you can see from the chart, band broke out from almost a year long bull flag, has been consolidating in a channel and now looks to be ready to move up.
Should it break higher, I think the first stop is around the $4 level. If it continues, potentially $7+.
Let's see what happens.
Note
Market looks weak here. Will take profits and reenter if we get a move down.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.