Bear with me: Today represents an 18 bar (daily) run since the wick down low mid Dec. 18 is an important Lucas number. (It also snuck in a little 5 bar low to low subsequent to that wick down, an important Fibonacci number.)
Based on the 18 bars, I set a sell for 2/3 my holding at $1.91 last night. It should have been $1.93 (new high) but I wasn’t that confident after yesterday.
Patted myself on the back at the open which changed to cursing as it continued to climb. At $1.98 late, I caved and sold the remaining 1/3 getting $1.97.
Happy w my return but happy to be proven wrong. I am looking for a retrace from tomoz. 11 bars (Lucas) would give us a 29 bar (Lucas) low to low. Another possibility is a 3 bar retrace, so 21 bars in this sequence (Fibonacci) b4 we recommence that run to circa $2.20 completing the Wave.
I will stick my neck out and say we breach $2 tomoz (FOMO) b4 finishing red.
It’s been a great ride and w luck, I will be back in in 3 or 8 days on the dip. Let’s see how it plays out.
AX1 Price at posting:
$1.97 Sentiment: None Disclosure: Not Held
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