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I was charting this just few mins ago; my understanding is that wave/point #2 has to touch the base of the cup otherwise its not officialy C&H......However, theres an inverse H&S formed between Nov 23 - now. My projection is about $2.20-$2-30 and back to ATH during bull run.
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Seems logical to me, especially when demand increases, thanks for the update.
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