Breakout with contination and formation of LONG TERM cup/handle
Second upward triangle formation. First one broke out at the 61% full mark this one looks like it may be breaking out around the same 60 percentile range.
Long term may be looking at this break out to $2.50 range and a final triangle consolidation breaking out to $3.50 range before a multi month sell off and possible retracement completing a VERY long term cup and handle pattern for early next year which would bring this upward to its all time high of $6 in the first or second quarter of 2021.
Too early to call this but something to keep your eye on, may be the most perfect looking cup formation that's ever been made ;)
Long term may be looking at this break out to $2.50 range and a final triangle consolidation breaking out to $3.50 range before a multi month sell off and possible retracement completing a VERY long term cup and handle pattern for early next year which would bring this upward to its all time high of $6 in the first or second quarter of 2021.
Too early to call this but something to keep your eye on, may be the most perfect looking cup formation that's ever been made ;)
Comment:
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