The right time to break this trend line , lets go CCIV , if it breaks and make a pivot and breaks the pivot it will rally to 30 again
as i really want this stock to go up , also i have to be realistic , in case it keeps falling it will hit this retangle to the bottom . news need to push the price up otherwise it will fall a lot more
if break the trend line from 2007 it will reach 12.50 dollars , but if this trend line holds the price , we will see it around 4 or 5again
if break this trend line , can reach above 30 dollars again retangle start from the breaking candle , if falls below this support when the price is at , we my see it go back to 15
i am not sure if i want to believe it will go up or if it will go up , 3 times a massive volume and 3 dive after , MACD has a bullish divergence , price need to close above level 23% of Fibonacci to rally all the way to 38 % and 50% , i still believe 43 is the soon target for it
Fibo from bottom to top is 100% , first support before it skyrocketed was 17.57 , price to rally needs to break a downtrend line and close above 24.70 to reach 30.46 , and break 38% of fibo and reach 50% and later 61% , from 17.57 i believe it can rally 50% of the first big movement from 9.90 to 64 , which i believe can reach 43.16 . small rectangle is half of ...
time to visit the meddle of the channel , if break the lower will visit half of the channel below
it just broke the triangle , best way is to pullback in the line before rally starts