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 $4.30.
with the march drop I also get reverse head and shoulders giving similar sort of target.
eliott wave guys would probably call this a start of wave 3....so there's that as well.
basically a clear break of this 2.60 level will light the rocket imho as there is no resistance above to stop it.
I think I just talked myself into doubling my position at 2.60 if I can get them.
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On the weekly...if you take out the March drop and rebound, I...
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No. | Vol. | Price($) |
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33 | 109394 | 2.640 |
17 | 94095 | 2.630 |
5 | 191564 | 2.620 |
5 | 19420 | 2.610 |
Price($) | Vol. | No. |
---|---|---|
2.660 | 58324 | 25 |
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