As we can see, SAMO is following its fibonacci lines to a T
We've seen 3 legs up followed by brief consolidation periods. We're in another consolidation period that is trading like a reverse head and shoulders and it appears primed to break out. The fib lines from the prior leg up imply that the next leg up could be an earth-shattering 260%+.
Prepare your positions and hold on to your hats.
- Sultan of Chart
Note
We got a beautiful move from .0078 to .0185 shortly after I posted this. Consolidation is expected but I'm still looking to see another leg up to my target of .029. Hard to say exactly when but we're doing well. No jinx
Note
Good consolidation and bull flag. Now we're breaking the flag and should see another leg higher as long as SOL is flat or up. Good luck yall
Trade closed: target reached
Bang! What a trade. Target reached, position closed. Wouldn't be surprised to see it keep running but I don't want the risk.
Never let the fear of striking out get in your way.
- Sultan of Chart
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