POWR - $0,75 / $1,20 - profit 156% / 310%
POWR is at the end of correction Elliot wave a and can potentially go back to $0,75 / $1,20 which is potential profit of approx. 156% / 310%. The current price looks very oversold and the Redk Everex indicator which is a combination of RSI, MACD and Volume is going up so the downtrend might be over for the short term.
Note
Breakout has begunNote
Small correction took place. This was a healthy dip and now the bullish outbreak continues till next restance level. It will be small corrections in between back to the top. Main focus of more than 200% profit is possible
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.