Looking at the chart, the uptrend appears to have commenced. The share price rose to 3.3c on friday and has since retraced this week. As the share price has retraced to the fibonacci 78.6% line, the current share price of 2.9c could be the new low. This means that 2.9c is the new support and share price movements are potentially upward from here on.
The next phase of the uptrend could be quick, even quicker fueled by a market sensitive announcement. Either way, 4DS shows signs of heading north.
The share price could go to a minimum of 8c, or higher. That is being conservative. This is based on the 161.8% fibonacci extension of the previous waves 1 to 5.
Looking at the chart, the uptrend appears to have commenced. The...
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