This thing went from $0.1x to $1 not too long ago in the OTC Markets and then I believe had a reverse split, not that it shouldn't have appreciated but I think it will come back down and I bet the ascending triangle will play out before everyone is driving an electric vehicle... Can you stay solvent longer than the market can stay irrational? I guess we will see if this particular idea can.
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Thanks to ArShevelev, I just learned that this is actually called an "Ending Diagonal". I learned this from an extremely useful chart that everyone should first thank the publisher for and then download the chart below.
Trade closed: target reached:
considering the velocity, I would say this is target achieved and the channel looks to have moved the bottom up a little bit, for now.
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Final target "reached"- pun intended considering it was a negligible distance from reaching my called 16.99 making it a negligible reach to say target reached, but I'll still take winning the linework lottery (my phrase)
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