No idea of what this company does, but here is a suggestive picture.
Goals 0.56, 0.49. Invalidation at 0.89.
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 purple 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
No idea of what this company does, but here is a suggestive picture. Maybe find out what it does before giving advice, how do you know if they are not about to go into banruptcy or launch a new product. I appreciate your honesty but maybe worth finding about about the company you write about.
Rykin_Capital
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@charlesburrws, My job is to reach targets and to make the cash register ring. Which I both did in this case. Fundamentalist tales coming from Graham and crew left the port in the 70s. Mass psychology decides all. Just have a look at my track record to see how well my approach works. None of my idea are advice, do your own research.