If so Andres, then it looks to me set for a strong rally considering the pattern looks so similar to the one that completed in Jan 2011 as I showed on my chart, from where it tripled in the following 12 months.
I also see it bounced off the long term trendline every time it touched or got close to it over the last three years.
We are very close again now.
Personally I don't think it's that simple other than with hindsight, but if I was buying on pure technicals, this is where I would be looking to buy.
Do you have the same interpretation or a different one?
You said it was predictable to see it get here, but where to from here do you think?
whose selling out ?, page-117
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0.3¢ |
Change
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Mkt cap ! $5.294M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $1.388K | 556.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 23213615 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 16131856 | 20 |
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