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HarmonicPitchforks
Mar 3, 2021 7:33 AM

It is a pullback to 26 and 55 days moving averages Long

Description

After crossing the 55-day moving average, it has hit the 99-day moving average resistance and is back. The buy point is between 1.65 and 1.4. the target is 14 by July.

Comment

it has formed a shark harmonic pattern with four targets possibility:
tp1=$3.6
tp2=$5.4
tp3=$9
tp4=$31
Comments
kurics40
Are you familiar how big debts they have?
HarmonicPitchforks
@kurics40, The company's miserable earnings have pushed stock prices down from $ 25 to $ 0.3. Therefore, cross-sectionally, the price can rise and fall again only in the direction of fluctuation.
HarmonicPitchforks
@kurics40, technically, it has formed a shark harmonic pattern with four targets possibility
tp1=$3.6
tp2=$5.4
tp3=$9
tp4=$31
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