In the weekly chart it becomes quite clear that the Fib 261,8% extension at 47.5c, the level I suggested as T6 quite a while ago, still remains the obstacle for any meaningful SP advancement.
However that level in combination with the rising TL seems to have formed an ascending triangle, which if correct, should be be wound up sufficiently to unload relatively soon => getting LTR closer to the next suggested target of ~T7 at 61.5 - 65c or closer to around Fib 361.8% anyway, possibly getting wave (5) up underway.
Here is the weekly HA LTR chart as I currently interpret it and with 20, 50 and 120 EMA moving averages still supporting SP from below ...
New TA/Charting, page-4801
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80.5¢ |
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Mkt cap ! $1.952B | |||
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|---|---|---|
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|---|---|---|
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