Hi @Wayward1 thanks for sharing some of your TA knowledge. A lot of this is way beyond my pay grade. I am still in the process of learning. I hope, if no-one is able to successfully answer your question, that you might perhaps expand on it, when its convenient to do so... Currently, still studying Wyckoff, but have not yet ventured to price targets. Simply, been basing it on Resistance & Support lines within the larger trend. Up into 11.5 as your upper target, there is an enormous amount of supply overhang - looking at the weekly charts. If it overshoots, as you say, what would the lower retrace target have to be then, in order to maintain some of the structure strength that you are alluding to. Thanks again.
LYC Price at posting:
10.5¢ Sentiment: Hold Disclosure: Held
(20min delay)