On the weekly...if you take out the March drop and rebound, I have a flag formation. Clear break and hold of all time high at 2.60 will give target of $4.30.
with the march drop I also get reverse head and shoulders giving similar sort of target.
eliott wave guys would probably call this a start of wave 3....so there's that as well.
basically a clear break of this 2.60 level will light the rocket imho as there is no resistance above to stop it.
I think I just talked myself into doubling my position at 2.60 if I can get them.
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On the weekly...if you take out the March drop and rebound, I...
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Open | High | Low | Value | Volume |
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---|---|---|
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Price($) | Vol. | No. |
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1 | 4986 | 2.840 |
3 | 6007 | 2.830 |
2 | 5258 | 2.820 |
1 | 5258 | 2.810 |
Price($) | Vol. | No. |
---|---|---|
2.900 | 712 | 1 |
2.910 | 4986 | 1 |
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