Head and Shoulders, page-35

thanks for noticing crust!
Don’t be silly and sell, we are at the crossroads of a major rerating underway. You’ll see the uptrend really materialise over the next 5 days.

wave 1 to me is complete.
1.01 rise to 140.5 = wave1
140.5 is approximately .382 retracement of the fall from 2.00 to 97.5
.382 Fibonacci point of the 40c rise = 1.26 yesterday’s close
next stop could be 1.26 + (1.618 x 40) = 1.90
if this is the chart in play, we will not close below 1.26 again and a strong engulfing candle up today/tomoro.
a close below 1.15 negates the entire potential uptrend for me. The chance of this under 5% now because of the gap in price at 1.20-1.25.