Good closing above the $1.24 resistance turned support. Need to breakout above red downtrend resistance line and close the gap at $1.27. To regain $1.30 is the key for the first few days of the New Rat Year. Immediate support is now $1.24. Next lower support is $1.20.
Interesting buying on dip pattern detected as shown in the Volume Distribution chart below. Buying was done by both Big Boys and retailers. If this buying continues on the first trading day of the Rat Year securing the important $1.30 is achievable.
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