algo appears to be possibly breaking up from purple channel

We can see here how algo’s current daily candle is confidentially above the purple channel’s top trendline and currently seeing a bullish impulse. If it validates the breakout at this spot the target is around 39 cents. *not financial advice*

הערה:

.3994 to be exact.

הערה:

Back below the key purple trendline for now. Price action often takes a few dips back below a trendline before finally triggering the official breakout so no big shock here.

הערה:

Seems like we need at least 2 consecutive weekly candle closes above the purple trendline before we can validate a breakout.