Hi Chippers
What a day!! Get news about the AKIDA1000 commercialisation. That will start the revenue flow.
I thought that I would revisit my charts now that I have an anchor.
So using FIB's on the run from 0.645 to 1.89. We had that short anchor retrace from 1.89 down to 1.335 which was approx a 44% retrace.
So once we close for a couple of days above 1.89 we get into the breakout zone which is very bullish. That sets up some target zones.
* 1st target zone is Ext 23.65 to Ext 38.3% being 2.19 to 2.37
* 2nd target zone is Ext 38.2% to Ext 50% being 2.37 to 2.52
Just the way I deal with the charts so that I am not surprised by what plays out, as always DYOR.
cheers Lies
Chart, page-15603
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