CRON- Will Price Drop to Gartley Target?
CRON- has broke above the long term
(Blue) resistance line from 2019 highs.
We think price will pull back deeper than most traders think.
If the Gartley pattern (yellow) target is hit near the $5.37 zone, that would be a good signal for us to load up (buy) stock.
This target is slightly below the (green) Buy Line, showing us a great opportunity to go long.
If price drops below the Gartley point X, then pattern is voided
(Blue) resistance line from 2019 highs.
We think price will pull back deeper than most traders think.
If the Gartley pattern (yellow) target is hit near the $5.37 zone, that would be a good signal for us to load up (buy) stock.
This target is slightly below the (green) Buy Line, showing us a great opportunity to go long.
If price drops below the Gartley point X, then pattern is voided