weekend charting, page-18

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    BOW

    To say BOW is now in uncharted waters is an understatement , reminds me of the PDN days.
    So i looked at the weekly and measured the all time high and lows prior to this break out to give the current fib levels.
    I also added a Gann tool, which is squaring the high and low and projecting forward to give price suggestion
    The red dotted line is the gann 2 x 1 line and you can see it was pretty accurate is predictig the highs at 35, 57, and 77, before this took off.
    My thought is now if you support at the 200% fib level you could push on quickly to the gann 1x1 line which is also around the 150% and 161.8% fib levels.

    When shares are surging like this i prefer to use the swing charts as suggested, but then if they going up like a rocket then try using 1hour and 30 minute chart.
    I think last week i showed a 1 hour of EXT and look how well they kept playing out.


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