$CHIP hasn’t made any exaggerated moves yet, but the details are already starting to converge in the same direction.

Right now, none of the individual exaggerated factors is strong enough to independently convince me; the advantage is that things are improving in multiple directions at the same time. First, stand in a position, then let the market prove it. The capital hasn’t crowded into one spot, the contract side hasn’t started to ebb, and the position is still slowly increasing.

My first entry price: 0.04257

For this one, take it cautiously and follow along—only when the chart gets cleaner and cleaner is it worth increasing exposure.

I rate the current strength of this position at 79; next, I’ll just see whether it can carry the story forward.