In addition to being 100% increase of the recent dip and touching the top resistance line of the new trend, your 28c figure coincides with a cup and handle target if we consider that we're currently sitting on the edge of the handle (yes, I know the formation isn't perfect, I know formations generally aren't, I won't argue how likely to be valid is it but others are claiming it and there's at least a chance). This target would be 28.5c
As others say, we might still be in the cup in which case the right edge of the cup (assuming the current 'handle' is just part of the cup and not an actual handle and we do actually get a handle) will be around 21c giving a target of around 33.5c
It's a very interesting chart, the next week or two will be great viewing and hopefully very profitable for us holders.
2021 Charts, page-2586
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