Alright, team, check out this $FIS chart on the 1-hour.
Been pretty flat for a while there, bouncing around the 0.08 level. Low volume, nothing exciting.
But look at that move on the 7th! Massive spike up, blew through 0.10 and kept on going. Looks like some serious buying pressure came in.
We've seen some consolidation since then, holding pretty strong above 0.12, even testing up towards 0.15. The volume on this latest push is decent.
If we can hold this support around 0.115-0.12, we could see another leg up. Keep an eye on that 0.15-0.16 resistance area. Break that, and we're in discovery mode. If it dips below 0.115, we might see a retrace to prior levels.
Trade smart, folks.