Some Gann of interest?
The last spike to .70 of 5 weeks ago stopped exactly at 75% of the range of the rundown from the previous spike to .90, (july last year)
This weeks spike pulled up on the 50% line.
The spike in October last stopped at the 50% as well
Lets hope the 25% pulls it up at .32 as it has 8 or 9 times in the past few weeks. There is quite a bit of potential supply across the chart at this level as well
From the .90 july 18th spike last year until Monday is exactly 288 days, or..... 2 cycles of exactly 12 weeks.
I wonder if this will give us a base to work from?
TON Price at posting:
37.5¢ Sentiment: Hold Disclosure: Held
