TA/CHART Thread, page-2

Morning and happy week to all!!

Updated chart. I still believe the stock is going through a fundamental shift, and any price appreciation will be dependent on both timing and quality of future announcements.

If we see weakness at the ~$0.40/$0.39 area, I believe we can see a test of the mid-$0.30's. I am targetting the confluence of multiple fib retracements, and anchored VWAP. Take your pick whether we are at a distribution, re-accumulation, or mark-up phase. The price action has been strong towards the upside, but on the ST, it is searching for direction. We must consider a period of consolidation, as the register changes hands. Potentially Wave 4 set-up atm on your smaller timeframes (<4hr), and gearing up in the Wave 2 set-up on your longer timeframes (>Weekly)

FYI. my opinion and analysis doesn't matter, these are my observations.

DAILY



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