I’m going based on channel and timing. It doesn’t meant it can’t...

I’m going based on channel and timing. It doesn’t meant it can’t go parabolic based on supply and demand. What I’ve given is a guideline and there can be spikes that break overall trends creating significant momentum within the trends. The key though is to have the baseline trend that will plod along as support which the sp can bounce off.
as an example this could move to 2 dollars or more and then retrace to a support of channel. Or it might never make it to support for a few months. No one knows the levels that can be reached based on momentum. The key is to understand the levels of support to ensure the stock has a viable launchiing pad to capitalize on good news.