Breaking out of falling wedge. In theory, this correction is complete, so I am proposing minute 4 done here. We need confirmation, however, but considering the degree, we'll have to wait for that. Currently about to try at S1, likely turned resistance again?
I'd say the correction is done. Got any idea if it is?
Barkworth
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@CalifornianKingOG, even corrections can make a higher high. Bounced nearly 30% from the lows, but relative to the correction, this could easily be a B or X wave. We'll have to assess as we go up. Potential target for this pump is $35, but could easily go higher.
CalifornianKingOG
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@Barkworth, Very intresting. Thanks. I'm in it for the long haul.