Food for tought; An update to my current idea.
I believe that the market is poised for a trend and volume reversal before the end of the month. While the specific catalyst for this shift is uncertain, I am expecting a significant announcement at the end of February that could contribute to the change. My analysis, incorporating fibonacci time analysis from the weekly and daily charts' high swings to lows, suggests the end or beginning of a cycle. Additionally, the presence of a Wyckoff accumulation pattern adds to the possibility of a short-term rally and a return to the 30 cent mark. It's worth noting that there may be a temporary dip down to the 17-17.5 cent range before the rally, but any dip below this range should result in a quick bounce back. If this does not happen, it could potentially invalidate my expectations.
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