BSV has been consolidating for quite some time now and is ready to rocket similar to the previous pumps. I am expecting this one to run further than the last 3. Imagine what price will do when CSW has his day in court. Price targets are $650 then $1200 The fundamentals of BSV rate it as is cheap under $5000 BSV = Black swan of Australia coming to claim what...
Bullish - price is holding lower trend line - Could be subject to macro market volatility McCormack trial is 61 days away First of Kleiman trial set to begin in 71 days
Last 4 times RSI bottomed out at 40 there was an explosion of price 298%, 70%, and 51% Bullish Bullish divergence on the MFI Bullish cross about to happen on Stoch RSI Bullish 10 is over the 20 wma Bearish price is below all moving averages Bullish price has not made a lower low Bullish trend is still in play, higher lows with a higher high printed this...
Fibs line up very nicely. 1.618 great take profit .382 is the mid cycle resistance .236 is the location of break down of last mid cycle to double bottom
Note the similarities in the chart between the last cycle and this one.