Can this mini stock pull off another 20,000% percent ? Lets analyze .
As we can see 0.91 cent support has always been respected heavily . Back in 2018 when it first made contact with support price rose 6x towards supply zone in which it was heavily rejected.. Rejection was so strong it dropped the price onto the bottom of the stocks channel in which activity brought price back to above 0.91 cents where once reclaimed, price rose 20,000% to $75.00
After 4 years, price now finds itself touching 0.91 cent level and bottom of channel .
Price reacted heavily towards demand in the area as a huge surge in volume confirmed interest. Price again dropped towards support along with the broader market and now finds itself possibly starting its new bullish trend towards the top of the channel .
This thesis aligns well with economic activity and demand for internal factors in the US as well.
…. and lets not forget, The biggest EV maker on the planet is gearing up for autonomy , newer ev’s , renewable energy , robots , etc.
BUT Only if supply zone is broken and confirmed as support can we really be sure price is headed to the moon..
Target $188.00
As we can see 0.91 cent support has always been respected heavily . Back in 2018 when it first made contact with support price rose 6x towards supply zone in which it was heavily rejected.. Rejection was so strong it dropped the price onto the bottom of the stocks channel in which activity brought price back to above 0.91 cents where once reclaimed, price rose 20,000% to $75.00
After 4 years, price now finds itself touching 0.91 cent level and bottom of channel .
Price reacted heavily towards demand in the area as a huge surge in volume confirmed interest. Price again dropped towards support along with the broader market and now finds itself possibly starting its new bullish trend towards the top of the channel .
This thesis aligns well with economic activity and demand for internal factors in the US as well.
…. and lets not forget, The biggest EV maker on the planet is gearing up for autonomy , newer ev’s , renewable energy , robots , etc.
BUT Only if supply zone is broken and confirmed as support can we really be sure price is headed to the moon..
Target $188.00
Trade active
Noone ever buys when price is low , yet everyone will buy at supply zone (; Who will you be ?
Note
On our way towards supply zone!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.