However, from a purely PA standpoint, the coming week will be a big one for REEF’s hopes of playing with the big boys.
There are two possible outcomes from the recent PA that will result in a set up into the coming ALT-SZN. After the white support was broken it flips to support and needs to be broken before we can confirm full elon sned.
Scenario 2 is a little more reserved and sees us bouncing off the resistance. This bounce could carry us all the way down to the blue support line before coming back for another retest of the weaker white downward trend.