Keeping it simple:
$DIA is still in an uptrend.
Price went back around $0.174 after the dip to $0.159 was bought.
That wick held the rising channel and the EMA cluster around $0.166–$0.168.
The structure is still clean:
→ Higher lows: $0.141 → $0.153 → $0.159
→ SMA50: $0.1665
→ SMA200: $0.1459
→ RSI: 57, reset with room to run
→ Previous high: $0.197
Bull case: Hold $0.166–$0.168 → reclaim $0.183–$0.187 → $0.197 → $0.21–$0.22
Invalidation: Lose $0.159 → $0.153 comes back into play.
The structure is intact.
As long as those higher lows keep holding I’m staying bullish on $DIA
$DIA is still in an uptrend.
Price went back around $0.174 after the dip to $0.159 was bought.
That wick held the rising channel and the EMA cluster around $0.166–$0.168.
The structure is still clean:
→ Higher lows: $0.141 → $0.153 → $0.159
→ SMA50: $0.1665
→ SMA200: $0.1459
→ RSI: 57, reset with room to run
→ Previous high: $0.197
Bull case: Hold $0.166–$0.168 → reclaim $0.183–$0.187 → $0.197 → $0.21–$0.22
Invalidation: Lose $0.159 → $0.153 comes back into play.
The structure is intact.
As long as those higher lows keep holding I’m staying bullish on $DIA