I don't think the orange trend will be the new trend. so... I think right now is the LPSY...
Cross the line will be over bought again.
The bottom is a bottom only if when it passed the 2nd test. if we don't see a 2nd test, we will not know it's the bottom. Also, the reason why I don't think it's the bottom is if this is the bottom, the new trend angle will why too high. Should expect to be rejected by the middle line.
this is an update of the target price numbers on my previous chart. from 385-391 to 390-395
accumulation after a long distribution since Sep last year, then go up
Tested fib 0.382 and with the contract with TLSA. it's ready to take off.
We will have fun with this ride. Maxim Group LLC prob will help this company not to get removed from NASDAQ. So, we know the result and have fun.
Fib 0.618 stepped. bull flag appeared. with some basic levels, you will see what are the supports and resistances. The company will go huge.
This price action looks interesting. look at the uptrend days. Ton's of volume on the buy side. But when looking at the major price dropping days. not even close to the average value. Volume tells the truth, most of the ppl are holding and in line. I think we still winning. Diamond Hands.
follow the line. expect to move from 0.886XA to 1.618XA