CosmicLoFy

CosmicLoFy

Short break down again from the TA perspective. The blue line represents an old Elliot Theory I was practicing ironically the down trend fell into place with the current consolidation. Nevertheless orange lines represent resistant lines while the teal green represents supports.

CosmicLoFy

Disclaimer this may be wrong and I'm still learning like the rest; however, I've been holding since January and watched it go from 14 to 28 then all the way down to 6. So, to prevent bias in this information this is all a TA analysis thus each bar line above the current price represents old supports aka new resistance levels. Granted there will be some taking...

CosmicLoFy

Rectangles are gaps, that can show prev sups and new resis as the trend approach either direction. support levels tend to hold strong despite high pt no pushes toward 3s in a while. Better understanding with fundamentals needed imo