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Thoughts on $TOP at current levels
Watching $TOP today, it seems to be holding around this 11.3 level after the push. The daily range from 11.0 to 11.3 is interesting; it's a breakout past yesterday's close. If it can consolidate here, maybe 11.0 becomes the new floor. I'd be looking for a sustained move above 11.3 to confirm any real strength, but a retracement back below 11.0 would invalidate the immediate upside scenario for me.
1 comments · 1 points
I'm with you on the 11.0 as a floor idea. It's good to see it holding that level after the initial pop. Are you looking at any specific volume metrics for that confirmation above 11.3, or just price action?