Perma-bulls, cover your ears.
As stated in the "250m MC" thread, I believe this has the potential of a 200-250m MC and I believe there is a high likelihood we'll challenge the ATH of 16 c in the near future (timeframe unknown)
However, this is a microcap full of emotions and strong emotions drive SPs in either direction really fast. I will remain equally bullish and hold my position if we retrace all the way down to 3.4c, I'm not saying this is going to happen, but there is a degree of possibility this will occur and the trend will still be intact with a 50-61.8% retracement of the prior move from 1c to 6c.
50 and 200MA divergence is at an all-time high, some convergence would be nice.
The green boxes are gaps and the red box is an area I believe is a healthy retracement level (not saying it's going to happen, but don't lose your mind if it does)
The green trendline going to the moon is a projection of the last run from March 2014 to March 2015 just for reference of how this can accelerate.
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Perma-bulls, cover your ears.As stated in the "250m MC" thread,...
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