It's soon, it will drop to 3$ area for sure, we just need confirmation of H&S, its EMA 21 on Daily chart.
Mayhem00
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@shkspr don't say for sure, expect the unexpected. 😉
shkspr
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@Mayhem00, it still hold 21EMA, I expect these targets 4.60, 3.26, and best scenario 2 area, even 1. the bottom is 0.90 that I don't expect but all other ones are possible. and if non of those happen, it's not an issue, it's market. it goes up and down, and after confirmation I'll open position.
Uncle_Abe_Options
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I thought wave 4 should not touch wave 1 to be valid ? . I am bullish on it from here due to future catalysts and I did start a position here but I don’t think the waves are correct
Rocco888
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it needs also to be very careful because there is plenty of short selling in case they will close the position we could also see some big short squeeze
Rocco888
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And what about a subdivision of wave 3^, are you sure 100% that were wave 5????