GOR Chart, page-270

This chart looks cool


Personally, I look at more macro time frames for my analysis, gives me a more holistic picture of performance, and that's why you'll notice I'm looking at the 2 month chart. I find it interesting that we've consistently been putting in higher lows on the 21 2 month EMA, as well as hitting our heads against resistance at around $1.7-1.8. This pattern typically resembles a lengthy consolidation, or just an ascending triangle (as shown below).


Another thing to take into consideration is the RSI. The RSI is calculated by the market participants x the volume traded. The purple RSI represents the monthly time frame, whilst the white RSI represents the 2 month time frame. Both are useful, but I find the monthly more interesting, as it shows sellers were not able to push the momentum below the buyers threshold (which is the shown from the yellow dotted line to the green dotted line). This shows buyers strength.

Sorry if this is very jumbled, I honestly have to get going in 8 minutes and just thought I'd quickly share my analysis

Price target if this pattern is true is around $3.