Long
SRNE holding new support at 11.15, target of wave 3 is 15-18
Based on Fibb extension, potentially could see a wave 3 to 18. This is calculated from the 161% extension of the wave 0-1, then placed at the bottom of wave 2. SRNE just broke old resistance from wave 1, and is now holding above the previous highs, good sign for bullish case. These are just my ideas and thoughts, please trade at your own discretion. Copyright Rohan Karunaratne 2020.
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.
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.