Long

Confirmed Double Bottom

Updated

has a confirmed double-bottom on the daily.

Confluence:

- closed above the 50 and 200 day EMA and MA

Targets = 5.8 & 6.1 cents

Not shown on this chart: a move above 6-6.2 cents may confirm a larger move up via a wedge break on the daily bar chart, but may face resistance around 7-8 cents and needs to get above 10-12 cents to move towards weekly resistance which starts around 15-18 cents but should target 29-30.

Trade closed: target reached

All targets reached, refer to the related idea for longer-term moves:

dudebruhwhoa

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