It's too early to say, and, take with a grain of salt. But I think it's worth watching from here in case this is the beginning of a lateral accumulation movement. I'll be watching for more key events such as an automatic rally to the top of the structure, and over time further tests of each side. We'll have to wait and see. Clearly the stock came out over valued, had a typical IPO pump and dump, so it makes sense for investors to look for a lower accumulation zone. Hopefully this is a suitable location. PS... I am but a learner of the wyckoff method. ;)
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