Hi Skol,
I actually think most diagram examples of chart patterns do a disservice to those learning TA, but here's a few alternate interpretations.
These are all mostly valid, but really what I believe to be more powerful are Elliott Waves, and here's what I've come up with:
The March crash ended a cycle tier correction and we're in a new bull run!
Projecting wave I off of II and using 1.618 ratio as a target level, we're left with a price target of ~$85.50.
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Hi Skol,I actually think most diagram examples of chart patterns...
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