Bullish on bet to get to $1.50 by end of May, will possibly play out according to the channel. A break above channel will see it move quite quickly to $1.40 i feel before pulling back to $1.20 and consolidating slowly moving up again. Personally, price action is feeling a little weak, so a pullback now to the $1.08 mark or consolidation here for a week will be ideal. Wouldnt recommend an entry here, wait for a better entry based off channel.
The $1.08 is extremely unlikely. The $1.50 is more likely to come more than a month earlier.
TAjames
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@Skinman, the volume in the last hour was really good, one thing you cant really predict.. so yeh, the analysis on this chart has changed based off an hours movement.
TradingSense
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Nice chart and price channel. I have been holding since .38c, buying and selling smaller chunks along the way, but holding the bulk for the longer term target of $1.50.
TAjames
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@TradingSense, im doing the exact same with bet and vulcan, i feel like its just volatile enough to get those good price movements in. :) FA is lining up real nice with bet this year.
TradingSense
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@TAjames, yes its been a good play. I missed the VUL run, but have been eyeing it off for it’s next move. I will look at your chart to find the best entry point. :)