Jul. 8 at 3:30 PM
$PATH From a technical perspective, nothing has really changed. We're still trading inside the same range, respecting the higher lows from the June bottom while continuing to reject the
$12.80-
$13.00 supply zone. That's the level I want to see broken with conviction.
The encouraging part is that momentum is beginning to turn back up, and buyers continue stepping in before we revisit the lows around
$9. If we can finally reclaim that resistance, I think the next move could be far more aggressive than people expect, especially with improving fundamentals behind the company.
For now, it's simply a case of patience. The structure remains constructive, higher lows are still intact, and the bulls are slowly tightening the spring. A clean break above resistance could be the catalyst that finally changes sentiment.
