Pinned straw:
Back into the base now with what has been a rather swift slide, so it’s in a holding pattern again.
if you are a trader, you would have exited already, either banking your profits on the quick run up to $1, or if you were prepared to give it more rope, when it fell into the base again. Failed breakouts aren’t a great sign.
if you are a fundamentals-driven investor, it’s nothing to see here.