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Rykin_Capital
Dec 28, 2021 9:25 AM

Energy Focus to hit another big one. EFOI Long

Energy Focus, Inc.NASDAQ

Description

We are sure the run on this one is not yet finished and are bullish on this stock. The fractal picture fits this stance, and also we are somewhat reassured by the projected bullish outlook on the SNP500.

We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!

Trade closed: target reached

All three 30th Dec
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