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Slow Churn Stock?, page-16

  1. 271 Posts.
    lightbulb Created with Sketch. 94
    Hi Friends,

    I thought I'd add a chart to this thread which has been focused on the Fundamentals; these looks very promising.

    Chart wise (attached) it does look quite good.

    It had an Horizontal Breakout, which are one of the most reliable TA set ups, often resulting in a Doubling of the Price in the next major move upwards.

    Based on the Fib Extensions, the first target has already been reached (please see chart) and there's another one, for the longer term, at $5.80 which is no unrealistic but it does need time.

    Cheers,

    soccer

    If you need to, please click on the chart to expand it.

    https://hotcopper.com.au/data/attachments/1634/1634488-f2b16a80dec51ede27b5083ab1d374c4.jpg




 
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