Trader-Elisa

BURST - Wave continuing?

Largo
Hit first resistance but I'm not convinced Wave 5 has completed properly yet - I can only see two distinct impulses within it so far. RSI was overbought and there was some bearish divergence on that and the MFI which forced the retrace, however there was a big volume spike.
May see a brief retrace then another go to make it to the 1.618 fib or the next resistance level.
I'm bullish on BURST, I like the regular releases and updates from the team and their transparency.

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