formation on the weekly. Could retrace upto $0.015 after reaching $0.024 on the high. Right curve of the cup seems to act like the support, but can change.
Setup invalidated if:
- formation is broken
- Fails to break $0.024 resistance
- Bounce fails on the $0.015 level
Targets, time frame and retracement levels given on the chart are for reference and not accurate.
This is a noob idea, I am nowhere close to an advisor. Please DYOR and DD, You are responsible for your own profit or loss.
If all goes well, we can see Harmony reaching $0.035, not later than March-April of 2021.
For more info - https://www.investopedia.com/terms/c/cupandhandle.asp