Long

Price targets for GTAT on a P+F chart.

Although the log scaling is not correct on this website for p+f charts, Its still important to show this on log to not make the impression that the most recent price action is the most volatile since each x and o plotted is for an increase or decrease every .20 cents, unless there is a reversal which requires .60 cents. Since .2 cents at 20$ isn't close to the percentage amount at a price of 5 or 3, the higher the price it is, the more reversals and longer column are formed which makes the false appearance of more volatility. This scaling also makes these targets more reasonable than on a linear chart.

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