Charting only, page-39

Strange how you make these comments without having actually read the forum. Off you go onto ignore.

Hi Kathy, I agree with the others here, no need for a course. You need to find what works for you. Identify regular patterns and don't overcomplicate it with too many indicators. Learn your basics first and observe the market over time.

To the chart and as per my last post, the price failed to break through the 62% fib at $1.63 and has headed to a lower low, finding support on the 1 hour 65 ema at this stage. It has set up again with the key point (62% fib on a 5 minute chart) to break through now at $1.49. The most likely is for this to fail again and the price to move to at least $1.35 which brings wave A (wA) into equilibrium with wave C (wC), wA = wC being the most common outcome from an ABC correction. Given $1.35 is so close to $1.30 and the stock is quite illiquid, one could reasonably expect the $1.30 prior high to be tested should this next phase fail.

These intraday charts and movements are just games for traders and pale in comparison to the weekly uptrend currently in place so I wouldn't pay too much attention to these daily movements if you're here for the long haul. The higher price targets are in place and I have little doubt they will be reached eventually.

FND 1 Hour chart