Histogen falling. HSTOWe are not sure how to define this pattern exactly. Being a small cap stock, resolution is problematic given the small volumes traded. Having said that, the picture is highly suggestive on small and bigger timeframes for continued drops. We have taken the liberty to define one goal that we are taking in this venture.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
HSTO
Risky but could be rewarding, keep it in your watchlistPotential gain:40 to +150%
Reward/Risk:2.5-10
Timeframe: 1-6 months
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Please review my track record and calculate the odds for yourself..!
You’re likes and comments encourage me to continue this.
Stay tuned great live stream and quality content videos coming soon..!
