Interesting looking chart, plotted against first fibonacci retracement I'd expect a major rally to $1.70 soon. Combined with the flat cloud and bullish divergence, we're looking for a close above tenkan. set stop loss below the major support around 0.55 cents where the stock sat in 2016 for awhile. NOT FINANCIAL ADVICE!!!!! ALL MY CALLS ARE WRONG LOL
First chart, not financial advice. Price moving above the 12-period EMA on daily chart, looking to go long on a close above the wedge and possibly take profits at fibonacci resistance levels. Thoughts? Criticism?
First chart, not financial advice (Fixed formatting issue on previous post) Price moving above the 12-period EMA on daily chart , looking to go long on a close above the wedge and possibly take profits at fibonacci resistance levels. I added the previous rally's retracement levels to show where extra resistance lies. Thoughts? Criticism?
Not sure if neckline will be broken here, or if support can be held and the diagonal uptrend continues. Thoughts?
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