Short
Using Moving Averages, and Fibonacci retracements and extensions
- As seen on the left side of the chart, the HOLY golden cross occurred which shows a very bullish move
- The 50 day moving average continues to be above the 200 day moving average (VERY GOOD SIGN)
- As seen using the fibonacci retracement tool, there is strong support at the $1.89 marker
- This pattern should lead to a strong uptrend and our Target 1 should be at the $2.10
- The 50 day moving average continues to be above the 200 day moving average (VERY GOOD SIGN)
- As seen using the fibonacci retracement tool, there is strong support at the $1.89 marker
- This pattern should lead to a strong uptrend and our Target 1 should be at the $2.10
Note
This projection was spot on!! Hope this stock can make it to the $2.10 mark!
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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.