It's easy to make the argument for a V-bottom breakout (just need a close above the overhead resistance to confirm, preferably on high volume). Certainly possible, but I don't like the big gap between price and the 100 and 200 daily moving averages. I'd actually prefer that price stall here for a bit and allow those averages some time to close that space, maybe form a nice ascending triangle at this level, or something along those lines.
On another note, I'm really digging this steemleo thing. Hopefully it really gets rolling. I'd love for this to grow into a large trading/ investing community where we can all share our trading ideas.
yeah, I'm in the same boat would love to see consolidation in the 10-12k range for a while.