Everyone is chasing $EWYB right now. I am sitting this one out

Volume is only 0.6x average on this move
The 1h RSI sits at 75 right now
Total 24h volume is just $1.0M

I need an hourly close and hold above $160.0500 first
Or a clean pullback that holds $152.4700 and bounces

It could keep running without you
A bad entry costs more than a missed move

Chasing $EWYB here or waiting for $152.4700

#EWYB #RiskManagement