Waiting to break a 1 year cup
Fibonacci price targets (PTs) match up with the previous peaks, which should offer some resistance before continuing its upward movement.
Looking to get to the 1.618 PT (~$5) before a meaningful retracement.
Future PTs at 2.618 ($6) and 3.618 ($8) also tie back to 1++ year highs making up a larger cup.
Looking to get to the 1.618 PT (~$5) before a meaningful retracement.
Future PTs at 2.618 ($6) and 3.618 ($8) also tie back to 1++ year highs making up a larger cup.
I'm not a financial advisor and I'm not offering financial advice. Everyone should do their own homework before making any decisions!
Good luck and I'm always interested in what you think.
Good luck and I'm always interested in what you think.
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