$HIGH is returning to retest the breakout zone at $3.8-$4.1. In the Daily frame, it is being supported by MA89. This is a positive beat after High's pump to $9.8. 📈
🔹 Anyone asking if they should go Long on High now?
I think not. The discharge force is still too strong. The risk is a bit high, but if you enter, the stop loss will be short. In return, the breakout point is a good support, and it has escaped the support zone of the daily, weekly, and monthly frames. So, recovery is reasonable.
As for me, I don't place orders with High right now. You can refer to it. 🤔
