Hi Sagitar, excellent chart, Looks like an extremely powerful rounding bottom forming here as well. target = 1.6-0.2+1.6 = 3c on breaking out 1.6 with strong volume. My initial target was 2c based on ascending triangle breakout at 1.1c, but I always revise up ST targets once a key resistance is broken (dont like throwing too wild targets as many downrampers would call us ramping lol once ARO gets a good run. Happened on MMZ, I feel the heat now lol).
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Hi Sagitar, excellent chart, Looks like an extremely powerful...
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